How China Is Taking on the US Dollar | Vantage with Palki Sharma
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How China Is Taking on the US Dollar | Vantage with Palki Sharma
Trump's oil sanctions have rattled global markets — but they've also accelerated China's push to dethrone the U.S. dollar. From currency swaps with Japan and South Korea to offering cheaper loans in yuan, Beijing is making strategic moves. Countries like Ethiopia, Kenya, Sri Lanka, Hungary, and Kazakhstan are switching to yuan-based debt. The ...
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