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 $$ is largely symbolic, there are practical considerations to using the Ruble, Yuan or Euro allowing countries to sidestep US sanctions, a concern becoming as important for China as it is for Russia.
Link to article: The Chinese Yuan: From a Reserve Currency to a Global Currency
https://www.globalperspectiveconsulting.com/single-post/the-chinese-yuan-from-a-reserve-currency-to-a-global-currency
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Видео China and Russia's Plan to Dump the US dollar канала The Geopolitics In Conflict Show
It will give you a chance to go even deeper into the most pressing global topics.
You'll get more information and a much deeper dive with bi-weekly live Zoom calls and Q&A with Dr. David Oualaalou PhD & Dr. Ross Stewart PhD, as well as a community to ask questions and have discussions with others who are interested in deeper information and knowledge as well.
Check it out here: https://www.gicshow.com/offers/BU8PCLEf
The days of the US dollar as a global currency are numbered! In this video we tackle three key issues:
1) China/Russia will be using their currencies pushing forward with de-dollarization in their bilateral trade.
2) Companies doing business in China/Russia need to plan ahead
3) Will investors trust the strength of the Chinese economy that it will not collapse overnight?
One thing is sure: While some may think that China and Russia’s move away from the US $$ 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
Subscribe to our channel: https://www.youtube.com/channel/UC5PW5VO-CIZxbXN1FdGtODw
Subscribe to our Blog: https://www.globalperspectiveconsulting.com/blog
Find us on LinkedIn: https://www.linkedin.com/in/david-oualaalou-a2a63537/
Follow us on Twitter: https://twitter.com/DOualaalou
Find us on Facebook: https://www.facebook.com/profile.php?id=100008625096778
Видео China and Russia's Plan to Dump the US dollar канала The Geopolitics In Conflict Show
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28 сентября 2020 г. 2:45:20
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