China's Yuan: Disrupting the Global Trade Status Quo

For the first time, the yuan has surpassed the US dollar as the most used currency for Chinese cross-border transactions, driven by China's efforts to empower the yuan in trade and capital markets, although the dollar remains dominant in global markets the yuan is chipping away and offering the world an alternative. Nations are flocking to the doorsteps of China to set up a variety of trade and bilateral agreements over the last several months. Clearly confidence in the Western hedgemony is fading.

🛑 PLEASE CONSIDER SUPPORTING THE RTD CHANNEL. All gifts add up to make a difference. I appreciate any help you can provide.

📲 One-time donation through PayPal: https://www.paypal.com/paypalme/RTDeducation
📲 Become a monthly sponsor on Patreon: https://www.patreon.com/rtd
📲 Cryptocurrency - https://www.rethinkingthedollar.com/donate/
📲 CashApp: $RTDtv

Connect with RTD on social media here:
Locals: https://rtd.locals.com/
BitChute: https://www.bitchute.com/channel/BVAoAbP1udUc/
Gab: https://gab.com/rethinkingthedollar
Telegram: https://t.me/rethinkingthedollar
Flote: https://flote.app/user/RTD
Minds: https://www.minds.com/RethinkingtheDollar/
Twitter: https://twitter.com/RethinkinDollar
Rumble: https://rumble.com/user/rethinkingthedollar
TikTok: https://www.tiktok.com/@rethinkingthedollar

📢 Disclaimer: The opinions expressed in this video are for educational and entertainment purposes only. They should not be used for investment decisions or tax advice and do not constitute personalized investment advice. Thank you for watching!

#YuanRise, #USDollar, #CrossBorderTransactions, #GlobalTrade, #ChineseEconomy, #CurrencyWars, #FinancialMarkets, #EconomicTrends, #CapitalMarkets, #GlobalFinance