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15.07.2024
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China begins work on abandoning the US dollar

02466110015244132418862The Chinese authorities are systematically working to replace the dollar with national currencies.

The priority is your own yuan. In fact, we are talking about the process of de-dollarization. This is reported by Deutsche Wirtschafts Nachrichten.

Increasingly, when concluding interstate transactions, a certain currency is indicated in them, and this is not the dollar. In particular, such a plan was developed by the ASEAN Association.

In the future, the Chinese government expects to make the yuan a reserve world currency in case of rejection of the dollar, writes IA SM-News.