Is the Chinese Yuan Now Leading the De-Dollarization Movement?

4 months ago
24

Despite India and Brazil's recent backpedaling, the de-dollarization movement is far from finished. Statistics (see article below) show trade settlements using the Chinese Yuan are up from 0, to 30%. Is the Yuan moving to the forefront of the de-dollarization charge? BRICS is also working on its own cross-border payment system. How will President Donald Trump respond to all of this?

Swiss America's Dean Heskin and Chris Agelastos break down what has been happening and where the de-dollarization proponents and opponents are within this economic battle, on The Secret War on Cash.

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Articles referred to in this podcast
De-Dollarization: Trade Settlements In Chinese Yuan Up 0 To 30%
https://watcher.guru/news/de-dollarization-trade-settlements-in-chinese-yuan-up-0-to-30
BRICS to Greenlight Cross-Border Payment System to Counter US Dollar?
https://watcher.guru/news/brics-to-greenlight-cross-border-payment-system-to-counter-us-dollar

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