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29min chapter
China vs. The Dollar | Diana Choyleva
Bankless
China's Currency Ambitions: De-Dollarization and Global Influence
This chapter explores China's strategic efforts to internationalize the renminbi (RMB) and reduce dependency on the U.S. dollar amidst evolving geopolitical dynamics. It discusses the complexities of promoting the yuan as a global currency and the challenges faced, including domestic economic priorities and international relations. The dialogue highlights how China's financial strategies could reshape global economic structures and influence capital flow dynamics.
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