3min chapter

The Bridge to China cover image

Why are there more countries trading in currencies other than the dollar now?

The Bridge to China

CHAPTER

The Trend in De-Dollarization

In China's cross border transactions, the Yuan has become the dominant currency. More transactions are taking place between nations that are transacting with China than any other currency. The United States does not have super laissez-faire Washington consensus deregulated economy. It just wants it for some other third world developing country where it's easy for U.S businesses to enter into and take advantage of their economy.

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