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Politics

China needs U.S. dollars but is building a hedge against Washington’s sanctions

Headline as filed by CNBC Economy.

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Publisher Headline Summary Published Detected Delay Source Status
CNBC Economy China needs U.S. dollars but is building a hedge against Washington’s sanctions
The U.S. can pressure Chinese banks over Iran through access to its financial system, while Beijing is building alternatives such as CIPS.
0m cnbc.com First

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