Narrative Landscape/Plural (Multipolar) World Order/Yuan internationalization reduces dollar dependence

Yuan internationalization reduces dollar dependence

Claim

The US weaponizes the dollar and SWIFT; yuan internationalization, CIPS, bilateral currency swaps, and digital yuan reduce this vulnerability for China and its partners.

Normative Conclusion

Alternative financial infrastructure must expand

Keywords

yuanrenminbide-dollarizationCIPSdigital yuanSWIFTcurrency swapdollar

Action Classes

STRATEGIC_REALIGNMENTECONOMIC_PRESSURE

Domains

ECONOMY

Activity Timeline

Matched Events

Foreign companies and regulators show renewed investment interest in China

Feb 25, 202670%

AstraZeneca announces major investment and new partnership in China

Jan 30, 202670%

China and Sri Lanka agree to set up renminbi clearing arrangements

Jan 28, 202670%