The RMB still has a long journey to becoming a global reserve currency. Still, the steady rise of the RMB appears inevitable given China’s growing economic significance. The US$468 billion (and ...
China has been waging a decades-long war against the U.S.’s greatest asset — the dollar. A bitcoin reserve would go a long way toward regaining our influence.
China is waging a multi-decade plan to displace ... the United States' economic and geopolitical power as the global reserve currency. Without it, our influence would weaken, and our debt would ...
Investing.com -- The People's Bank of China (PBOC) has reiterated its commitment to lower interest rates and the reserve requirement ratio for banks when the time is right, in a bid to support ...