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

E hele mai Ianuali 1 i ka makahiki e hiki mai ana, ua lilo ka Chinese yuan i kālā kūhelu ma Zimbabwe ma hope o nā kūkākūkā ʻana i mālama ʻia ma waena o nā aupuni ʻelua i ka wā o ka huakaʻi mokuʻāina o ka pelekikena Kina.

E hoʻohālikelike kēia i ke kālā Kina ma Zimbabwe me ke kālā US, ka rand ʻApelika Hema, a me ka Botswana pula, me ka ʻaʻohe kuleana o ka euro i kēia hoʻohālikelike, malia paha he hoʻomanaʻo koʻikoʻi no ka maikaʻi ʻole a ka European Union i hōʻike aku ai iā Zimbabwe.

Ua lilo ʻo Kina i hoa kālepa kālepa nui ʻo Zimbabwe a ke hoʻonui nei nā hoʻopukapuka, ma hope o kā Pelekikena Xi JinPing kipa ʻana i ka ʻāina i kekahi manawa i hala.


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.