BRICS challenges US dollar, Saudi considers selling oil in other currencies: Financial multipolarity
Geopolitical Economy Report
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China's Changing Globalization
This chapter explores how China is reshaping the global financial and economic system through its new type of globalization. It discusses China's strategic cooperation initiatives, de-dollarization efforts, and the emergence of central bank digital currencies. The chapter also highlights the deepening ties between China and the Gulf Cooperation Council, as well as the potential impact on the US dollar hegemony.
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