• Could the Chinese Yuan Ever Replace the US Dollar?

  • Sep 24 2024
  • Length: 15 mins
  • Podcast

Could the Chinese Yuan Ever Replace the US Dollar?

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  • Summary

  • Talk of de-dollarization has been gaining momentum among China, India, Brazil, Russia and South Africa in the wake of significant US led sanctions on Russia. Former US President and candidate Donald Trump has said the currency is under attack — and that any country that shuns it would face new tariffs on imports if he is elected.

    On today's Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Saleha Mohsin about the unique role the dollar plays in the world economy — and what, if anything, could replace it.

    Read more: The Dollar’s Dominance, Explained

    Further listening: Odd Lots Podcast – How the US Dollar Became an International Weapon of War

    See omnystudio.com/listener for privacy information.
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