Renminbi Liquitidy Arrangement – China’s New Project to Undermine the American Dollar King.
To achieve his ultimate goal, Xi Jinping will have no choice but to knock the US dollar off its pedestal.
As we reach the middle of the year 2022, this first reality is obvious: the American dollar remains more than ever hegemonic at the global level. The war in Ukraine started by Vladimir Putin has only strengthened the dominance of the greenback. And this, for 3 main reasons with notably a demand which is increasingly strong.
America is back in the limelig…
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