China Kontra Trump: Yuan rescue-dollar in danger!

China Kontra Trump: Yuan rescue-dollar in danger!

China - Donald Trump swings the hammer! The newly elected United States is threatened to impose 100% tariffs against countries that want to shake off the US dollar. But China is unimpressed and is planning a spectacular answer that could shake the American currency. The BRICS alliance, which also includes China, has been driving its plan to dollarization for over two years. Now that the tensions grow, they see Trump's threats as a further motivation to pursue this goal even more determined.

What then? China plans to solve the Yuan from the dollar dependency! A think tank based in Beijing suggests coupling the Chinese currency to a currency basket. This would bring more flexibility for domestic monetary policy and boost demand. Behind this idea is the China Finance 40 Forum, a group of high -ranking Chinese regulatory officers and financial experts. According to a report on Watcher.Guru see a clear in this strategy Way to ward off the risks caused by Trump. Would that be the knockout strike for the possible US dollar anyway? The world looks east!