BY Kellys Kaunda ZAMBIA ACCEPTS CHINESE CURRENCY FOR MINING TAXES – AN ECONOMIC STRATEGY With China’s seeming insatiable appetite for foreign investment and trade running into billions, it’s unsurprising that its national currency must be adopted to settle transactions. It ll certainly reduce transaction costs that normally come with converting the US dollar into yuan […] The post ZAMBIA ACCEPTS CHINESE CURRENCY FOR MINING TAXES – AN ECONOMIC STRATEGY first appeared on The Zambian Observer .