Tag Archives: China’s global trade relationship

Can China Dethrone the US Dollar as Global Reserve?

Socialist Billionaires joined China as the push for lockdown gives China double digit growth , Herland Report

  Herland Report: On the US dollar as reserve currency, that is a tough thing to break especially for China since the yuan is not freely convertible. China has renminbi and yuan; one they peg to the dollar and the other is circulated in China. Try converting USD to yuan in Paypal for example? The option is not there. Payments …

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