China Uncensored
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Can China’s Yuan DEFEAT the US Dollar?
Posted
April 5, 2023
Views
142,217
Likes
10,380
Comments
1,316
Engagement
8.22%
April 5, 2023
142,217
10,380
1,316
8.22%
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11:29Now PlayingChina has been trying to hype up its currency, the yuan, as an alternative to the US dollar. Several countries have agreed to trade with China in yuan, but it's far, far away from dominating global trade. In this episode of China Uncensored, we look at why the US dollar is so dominant, why the yuan won't replace the dollar anytime soon, and why China is pushing this implausible scenario.
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