tired_of_sinophobia@lemmygrad.ml to China@lemmygrad.ml · 6 months agoRT: Can yuan replace dollar in global trade?www.rt.comexternal-linkmessage-square4fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkRT: Can yuan replace dollar in global trade?www.rt.comtired_of_sinophobia@lemmygrad.ml to China@lemmygrad.ml · 6 months agomessage-square4fedilink
minus-squarePolandIsAStateOfMind@lemmygrad.mllinkfedilinkarrow-up0·edit-26 months agoNo. US basically forced dollars on everyone in Bretton Woods and since then enforces it with every possible mean short of nuclear war. China have no intentions of doing something like that, and furthermore it’s not even possible because BW happened in very specific conditions.
minus-squareshowmustgo [he/him, comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up0·6 months agoI would really love a book-length version of this comment
No. US basically forced dollars on everyone in Bretton Woods and since then enforces it with every possible mean short of nuclear war.
China have no intentions of doing something like that, and furthermore it’s not even possible because BW happened in very specific conditions.
I would really love a book-length version of this comment