Renminbi

The Surprising Truth About Why The US Dollar Remains Untouchable

September 14, 2024 No Comments

Mao Zedong, the leader of communist China, wasn’t an economist, but his famous quote, “Power grows out of the barrel of a gun,” can help us understand why the US dollar is so powerful—and why it will likely stay that way. Just like military power, currency power is connected to

The Start Of De-Dollarization: China’s Move Away From The USD

May 26, 2024 No Comments

Recent findings from the Hinrich Foundation indicate that China’s shift away from the USD signifies the commencement of de-dollarization. Furthermore, data reveals that the percentage of settlements conducted in RMB has now exceeded those in USD. Like many other nations, China has settled the majority of its cross-border payments in

Renminbi

The Surprising Truth About Why The US Dollar Remains Untouchable

The Start Of De-Dollarization: China’s Move Away From The USD

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Renminbi

The Surprising Truth About Why The US Dollar Remains Untouchable

The Start Of De-Dollarization: China’s Move Away From The USD

get in touch

Follow us

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