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

Sau ia Ianuari 1 i le tausaga fou, o le Saina yuan avea ma tupe aloaia i Zimbabwe ina ua maeʻa talanoaga faia i le va o malo e lua i le taimi o le setete asiasiga a le Peresetene Saina.

O lenei o le a tutusa ai le tupe a Saina i Zimbabwe ma le US tala, le South Africa rand, ma le Botswana pula, ma le euro leai se aoga i lenei faʻatusatusaga, masalo o se faʻamanatu malosi o le le aoga na faʻaalia e le Iuni a Europa faasaga ia Zimbabwe.

Ua avea Saina ma paʻaga fefaʻatauaʻi a Zimbabwe ma ua faʻateleina tupe teu tupe, ina ua maeʻa le asiasiga a Peresetene Xi JinPing i le atunuʻu i se taimi ua tuanaʻi.


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.