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Keith Preston on China's yuan taking on the US dollar

News Sight

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China's De-Dollarization

It does seem that China is rising, de-dollarization in various ways. It remains to see how rapidly that process unfolds and if it gains rapidity on an exponential level over time. I don't really see the Americans really making policies that are going to be able to effectively counter this. The American policy making process tends to be a lot more fragmented. And that makes it hard for any actual courtier policies to get implemented.

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