China's Strategy in Global Currency War Focuses on Reducing Dollar Dependence

It is misguided to assume China aims to dethrone the U.S. dollar; instead, Beijing is successfully waging a global currency war by reducing dependence on a dollar-centric global financial system.

28 Jun, 13:25 — 28 Jun, 13:25

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cnbcMostly Factual47d ago

If you think China needs to dethrone U.S. dollar, you don't understand how it is waging global currency war

It's misguided to focus on China's renminbi replacing the U.S. dollar. Beijing is already successfully reducing dependence on a dollar-centric global system.

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China's Strategy in Global Currency War Focuses on Reducing Dollar Dependence

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If you think China needs to dethrone U.S. dollar, you don't understand how it is waging global currency war

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