The year 2025 has marked an inflection point in China’s drive to internationalise the renminbi (RMB), or yuan, with usage of the currency in global trade and finance rising sharply. China’s expanding economic influence – from Belt and Road infrastructure projects to strategic financing initiatives – has spurred more cross-border deals to be billed in RMB. For exporters worldwide, this acceleration of yuan internationalisation is not just a headline; it carries practical implications for how they price goods, manage currency risk, and settle trade payments. The Chinese government’s efforts to reduce reliance on the US dollar have made the RMB…