Western Tensions and Fed Pressure Create Unexpected Opportunities for China

Trust in the US dollar has come under pressure amid intensified scrutiny of the Federal Reserve. Geopolitical tensions have also risen, stemming from disputes tied to Washington’s interest in Greenland. Against this backdrop, China is emerging as an indirect beneficiary. By expanding yuan-denominated trade and payment systems, Beijing stands to gain from a growing global push to diversify amid political and policy uncertainty source: https://beincrypto.com/dollar-confidence-drops-as-china-gains-ground/