Is this what Mugabe came over to Shanghai for? Rumors are rising that Zimbabwe may be considering using the Chinese yuan as legal tender, rather than their now completely useless Zimbabwe dollar (officially stopped in 2009). Allegedly, tourist department head Hon. Walter Mzembi told First Finance Daily, "I hope that in the future, people in Zimbabwe will be able to use Chinese bank cards and the yuan to make purchases, even take out RMB loans."
Contact the author of this article or email tips@shanghaiist.com with further questions, comments or tips.

CCTV America goes live