Yuan set to become Zimbabwe’s latest currency as China’s influence grows

Wá January 1 ni ọdun to n bọ, yuan Kannada di owo osise ni Ilu Zimbabwe ni atẹle awọn ijiroro ti o waye laarin awọn ijọba meji lakoko abẹwo ijọba ti Alakoso Kannada.

Eyi yoo jẹ ki owo Ilu China dogba ni Ilu Zimbabwe pẹlu dola AMẸRIKA, Rand ti South Africa, ati Pula Botswana, pẹlu Euro ti ko ni ipa kankan ninu idogba yii, boya olurannileti didasilẹ ti aibikita ti European Union ti fihan si Zimbabwe.

Ilu China ti di alabaṣowo iṣowo nla julọ ti Zimbabwe ati awọn idoko-owo n gbooro si, ni atẹle abẹwo ti Aare Xi JinPing si orilẹ-ede naa ni akoko diẹ sẹhin.


Looking East, after the windows to the West were locked by the Western powers, the remaining avenue to Zimbabwe, besides intra African trade, has come to export and import goods, and the use of the yuan is expected to facilitate this further. A write-off of loans worth 40 million US dollars helped Zimbabwe at the time to find a sounder economic footing again.

Chinese tourist numbers are growing as they are for Zambia and other neighboring countries, and Emirates is the one of the few airlines, besides Kenya Airways, offering daily connections from a number of Chinese cities via Dubai to Harare.