贸易结算去美元化 东盟、中东企业“看上”人民币

Core Insights - The article highlights a significant shift in the willingness of companies in the Middle East and ASEAN regions to use the Chinese yuan (RMB) for trade settlements, driven by concerns over the declining status of the US dollar following the introduction of the US's so-called reciprocal tariff policy in early April [2][6][8]. Group 1: Currency Diversification - Companies in the Middle East and ASEAN are increasingly seeking to diversify their reserve currencies, moving away from the US dollar due to fears of its depreciation and declining global status [2][3][8]. - The trend of "de-dollarization" is becoming more pronounced, with many companies exploring RMB as an alternative currency for trade settlements [8][10]. Group 2: Trade Contract Changes - There has been a notable increase in the number of trade contracts denominated in RMB, a shift that was previously unimaginable for many overseas enterprises that traditionally preferred USD [6][10]. - The use of RMB for trade contracts provides stability in pricing and reduces the risks associated with currency fluctuations, benefiting Chinese exporters [6][7]. Group 3: International Trade Financing - The demand for RMB in international trade financing is on the rise, with many overseas companies viewing it as a crucial means to secure RMB positions for cross-border payments [9][10]. - The RMB is projected to become the third-largest trade financing currency by the end of 2024, driven by the acceleration of bilateral trade agreements and the increasing need for RMB in international transactions [10][11]. Group 4: Banking Sector Response - Banks are actively seizing the opportunity presented by the internationalization of the RMB, encouraging overseas enterprises to adopt RMB and local currency contracts [4][5]. - Financial institutions are working to enhance the infrastructure for RMB usage abroad, addressing challenges such as insufficient RMB supply and regulatory hurdles [5][11]. Group 5: Future Outlook - The article suggests that while the RMB has made strides in becoming a trade settlement currency, further innovation in RMB-denominated investment products is necessary to enhance its attractiveness compared to the USD [12].