The global financial order is shifting, and the U.S. dollar may no longer hold its unchallenged dominance. China’s yuan, also known as the renminbi (RMB), is rapidly rising as an alternative currency in global trade, finance, and energy markets. From Russia and Saudi Arabia to Brazil and beyond, more countries are turning to the yuan to reduce reliance on the dollar. In this video, we break down how China is building the infrastructure—swap lines, clearing banks, CIPS, and the digital yuan—to challenge the dollar’s supremacy. Could this be the beginning of the end for dollar dominance? Or are we witnessing the birth of a multipolar financial world where the yuan and the dollar share power? Stay tuned as we explore China’s currency strategy, the future of global finance, and what this means for the balance of power in the 21st century.
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Yuan is no where near dollar dominance and unlikely to ever be. A BRICS currency and the Euro could eat into it’s dominance but to much division and bureaucracy for either of these to be a major threat.