China's De-Dollarization Push Meets Washington's Defense Of The Dollar

China's De-Dollarization Push Meets Washington's Defense Of The Dollar Authored by James Gorrie via The Epoch Times (emphasis ours), For decades, the U.S. dollar has been the foundation of the global financial system. It dominates trade settlement, anchors central-bank reserves, and underpins international financial networks such as SWIFT. That status has given Washington enormous economic and geopolitical leverage. But from Beijing’s perspective, that same system is a strate...

By Tyler Durden