China Accelerates Push for Yuan Global Dominance Amid Shifting Investor Confidence Away from U.S. Dollar—What This Means for Global Markets and Currency Investors
China’s Strategic Push to Elevate the Yuan: What Investors Must Know Now As the global financial landscape shifts, China is aggressively positioning its yuan (RMB) to challenge the long-standing dominance of the U.S. dollar. While the greenback remains the world’s primary currency, cracks are appearing in its fortress. The U.S. dollar index has plummeted over…