The last few years have exposed some of the fractures in a world currency system dominated by the U.S. dollar. China's leaders see an opportunity — but achieving it will likely prove easier said than ...
China set its daily reference rate for the yuan weaker than 7 per dollar in a sign the central bank is keen to slow the ...
Over 60% of foreign bank reserves are denominated in dollars. China's digital RMB could challenge the world's currency ...
China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the ...
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China is quietly destroying the dollar — and that’ll cost you. Fight back with these money moves.
The dollar losing monopoly power is a slow leak, not a blowout. But slow leaks still leave you flat. China controls the rare earths. China controls the cobalt. China, through its Belt and Road ...
The latest de-dollarization movement started in 2022 when the U.S. imposed all-encompassing sanctions against Russia ...
China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...
China’s exports remain resilient under U.S. tariffs as the yuan stays tightly managed, sending ripples all the way to the ...
China’s strongest yuan fixing in years signals greater tolerance for currency appreciation, raising questions over export ...
When the U.S. dollar loses its monopoly on pricing the world's critical resources, Americans' purchasing power weakens As more commodities get priced in yuan instead of dollars, demand for dollars ...
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