Panda Bonds Explained: Why Brazil Is Embracing China's Yuan Vantage with Palki Sharma
Panda Bonds Explained: Why Brazil Is Embracing China's Yuan | Vantage with Palki Sharma | N18G
Panda Bonds Explained: Why Brazil Is Embracing China's Yuan | Vantage with Palki Sharma | N18G
Brazil is turning to China for capital. President Lula da Silva's government plans to issue Panda Bonds - debt sold in Chinese yuan to Chinese investors. This move not only diversifies Brazil's borrowing but also challenges the dominance of the US dollar. As BRICS gains momentum and trust in Washington fades, Panda Bonds are becoming a symbol of a shifting world order. Palki Sharma explains the implications.
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