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4:30 pm
Breaking the Dollar’s Monopoly: How China’s Regional De-Dollarization Initiative is Reshaping International Finance’ with Zongyuan Zoe Liu
Abstract: China has been systematically developing renminbi-based financial infrastructures for nearly a decade. Initially, these measures aimed to facilitate a smoother international use of the renminbi, but recent events have promoted Chinese policymakers to accelerate such efforts despite that they have been cautiously against the idea of hastily internationalizing the renminbi. Deteriorating U.S.-China relations since the […]
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