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China and Russia's Plan to Dump the US dollar

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The days of the US dollar as a global currency are numbered! In this video we tackle three key issues:
1) China/Russia will be using their currencies pushing forward with de-dollarization in their bilateral trade.
2) Companies doing business in China/Russia need to plan ahead
3) Will investors trust the strength of the Chinese economy that it will not collapse overnight?

One thing is sure: While some may think that China and Russia’s move away from the US $$ is largely symbolic, there are practical considerations to using the Ruble, Yuan or Euro allowing countries to sidestep US sanctions, a concern becoming as important for China as it is for Russia.

Link to article: The Chinese Yuan: From a Reserve Currency to a Global Currency
https://www.globalperspectiveconsulting.com/single-post/the-chinese-yuan-from-a-reserve-currency-to-a-global-currency

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Видео China and Russia's Plan to Dump the US dollar канала The Geopolitics In Conflict Show
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Информация о видео
28 сентября 2020 г. 2:45:20
00:16:52
Яндекс.Метрика