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The Chinese Yuan Is Set To Become Legal Tender In Zimbabwe After China Writes Off $40m Debt

Zimbabwe's President Robert Mugabe (L) and his Chinese counterpart Xi Jinping shake hands during a signing ceremony at the Great Hall of the People in Beijing August 25, 2014. REUTERS/Diego Azubel/Pool (CHINA - Tags: POLITICS) - RTR43NIT
Robert Mugabe and Chinese President, Xi Jiping

The Chinese are establishing roots everywhere, and to say they are one of the top superpowers today would be an accurate summation of world events.

The Chinese yuan is set to become one of Zimbabwe’s legal currencies, after China wrote off a $40m debt the Southern African nation owed.

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