Beijing's Yuan Push Bears Fruit

``The yuan is now Asia's leading currency for doing business with China, trumping the Japanese yen and the Hong Kong dollar as Beijing aggressively pushes it through international trade channels. The currency now accounts for 31% of payments exchanged with China, up from 7% just three years ago, according to the latest data from the Society for Worldwide Interbank Financial Telecommunication, a provider of payments services. The data from Swift excludes payments by central banks.''