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Apr 5, 2023

Can China’s Yuan DEFEAT the US Dollar?

China 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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