China's E-money: Can It Challenge the Dollar Hegemony?

CA 9+ China's E-money: Can It Challenge the Dollar Hegemony? 23,249 views •Apr 23, 2021 1.3K 23 Share Save Difference Frames the World 31.7K subscribers The internationalization of RMB is an unstoppable trend. China wants to use its currency to buy resources and export products, and vice versa. With its growing dominance in manufacturing worldwide, it cannot tolerate being charged an exchange fee for almost every transaction it does with various countries every day. ------------------------------------------------------------------------------------------------ You can support this channel by following the link: https://www.paypal.com/donate?busines...​ 263 Comments Auggie Giuseppe Add a public comment... Paul Odili Paul Odili 6 days ago (edited) China is an industrial super power with large export economy so it is inevitable China's payment transaction with its trading partners will be in China's digital currency. Given time it will share payment system with the dollar, no question about it. 69 Leehin Thian Leehin Thian 6 days ago RMB is coming - American $ is fast becoming a useless payment system sooner than later 41 Allen T Allen T 6 days ago If China prefers yuan for its exports and in-bound investments, demand for digital yuan will sky rocket! 34 권순정 권순정 6 days ago Go ,China, GO, the World will be far fairer order when USD lost its reserve status. 42 Barua Safi Barua Safi 6 days ago I always look forward to this channel to educate me on China and the Western civilization. Keep it up. 95 BEIJING MA ZHU BEIJING MA ZHU 6 days ago THE ERA OF RMB IS COMING FASTER THAN A BULLET TRAIN 65 U C DAVIS U C DAVIS 6 days ago (edited) Amazing country People full of energy. And safer place to live, per traveler says. 76 whfu99 whfu99 6 days ago Yes, RMB era is indeed coming. 38 Dieter Kath Dieter Kath 6 days ago China is the powerful Bretton Wood organisations. Who will prevail ? : too early to say ! but chinas speed is breath taking.