-
Use of Chinese yuan in global trade slowly increasing
The U.S. dollar has typically been the currency of choice when different nations want to trade with each other. But some are turning to the Chinese yuan. Last month, Argentina's government said it would pay for Chinese imports using the yuan due to a shortage of dollars. Brazil followed suit, announcing it will allow companies to trade in yuan. Carla Mozée, a senior markets reporter for Insider, has more on the currency shift.
#news #economy #china
CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN,...
published: 22 May 2023
-
Why is China’s Currency Declining?
Compare news coverage. Spot media bias. Avoid algorithms. Be well informed. Download the free Ground News app at: https://ground.news/tldrglobal
The recent decline of the Chinese yuan has undoubtedly had implications on the government of China and Chinese citizens. In this video, we explore how the yuan devalued over time, how the People's Bank of China controls its value, and the reasons behind its current decline.
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published: 28 Jun 2023
-
Bad News For Xi—Why The Chinese Yuan Will Not Replace The US Dollar As The World's Reserve Currency
Steve Forbes explains why the Chinese Yuan will not replace the US Dollar s the world's reserve currency.
Read the full story on Forbes:
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
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published: 13 Apr 2023
-
Is China trying to replace the dollar with yuan?
Forbes media chairman Steve Forbes and Fox News contributor Jason Chaffetz analyze how China is moving to replace the U.S. dollar as the world’s reserve currency for global trade on ‘The Evening Edit.’
Subscribe to Fox Business! https://bit.ly/2D9Cdse
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly ...
published: 01 Apr 2023
-
There's a serious currency crisis coming to China, says Crescat Capital CEO
Crescat Capital CEO Kevin Smith joins CNBC's 'Squawk Box' to discuss why he's betting against the Chinese yuan. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%...
published: 07 Oct 2022
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Chinese Yuan surpasses dollar, becomes most traded foreign currency on the Moscow Exchange | WION
In a boost for China, its currency surpassed the US dollar for the first time this week. It makes Yuan the most traded foreign currency on Moscow Exchange. The western sanctions have pushed Russia closer to China.
#China #Yuan #Dollar
About Channel:
WION The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.
Please keep discus...
published: 07 Oct 2022
-
It’s Over: China Just Broke The US Dollar
Let's discuss the US Dollar as a reserve currency, China's recent plan to disrupt the dollar, and what this means for the future - Enjoy! Add me on Instagram: GPStephan | Get information with my free newsletter: http://grahamstephan.com/newsletter
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published: 31 Mar 2023
-
De-Dollarisation: Argentina to Pay China in Yuan
De-Dollarisation: Argentina to Pay China in Yuan | Vantage With Palki Sharma
The domination of the US Dollar is being challenged again. Argentina will pay for Chinese imports in Yuan. Does the Chinese currency pose a real threat to the greenback? Palki Sharma tells you.
De-Dollarisation | Yuan | Joe Biden | USA | China | Argentina | Brazil | Chinese Debt Trap | World News | International News | Latest News | Trending News
#yuan #dollar #china #usa #vantage #vantageonfirstpost #palkisharma #firstpost #worldnews #globalnews #latestnews
Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.
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published: 27 Apr 2023
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Yuan overtakes dollar to become most-used currency in China's cross-border transactions | WION
The yuan was used in 48.4% of all cross-border transactions, Reuters calculated, while the dollar's share declined to 46.7% from 48.6% a month earlier. The volume of cross-border transactions covers both the current and capital accounts.
#yuan #china #latestnews
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
...
published: 27 Apr 2023
-
Pakistan to buy Russian Oil with Chinese Currency Yuan #shorts
#pakistan #russianoil #china @WorldAffairsUnacademy
Pakistan to buy Russian Oil with Chinese Currency Yuan | By Prashant Dhawan
#geopolitics #worldaffairs #prashantdhawan
#worldaffairscurrentaffairs #hotissue #recentnews #breakingnews
#unacademy #unacademycurrentaffairs
#currentIssue
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published: 20 Jan 2023
5:18
Use of Chinese yuan in global trade slowly increasing
The U.S. dollar has typically been the currency of choice when different nations want to trade with each other. But some are turning to the Chinese yuan. Last m...
The U.S. dollar has typically been the currency of choice when different nations want to trade with each other. But some are turning to the Chinese yuan. Last month, Argentina's government said it would pay for Chinese imports using the yuan due to a shortage of dollars. Brazil followed suit, announcing it will allow companies to trade in yuan. Carla Mozée, a senior markets reporter for Insider, has more on the currency shift.
#news #economy #china
CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+.
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[email protected]
https://wn.com/Use_Of_Chinese_Yuan_In_Global_Trade_Slowly_Increasing
The U.S. dollar has typically been the currency of choice when different nations want to trade with each other. But some are turning to the Chinese yuan. Last month, Argentina's government said it would pay for Chinese imports using the yuan due to a shortage of dollars. Brazil followed suit, announcing it will allow companies to trade in yuan. Carla Mozée, a senior markets reporter for Insider, has more on the currency shift.
#news #economy #china
CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+.
Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
Watch CBS News: https://cbsn.ws/1PlLpZ7c
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- published: 22 May 2023
- views: 24511
10:28
Why is China’s Currency Declining?
Compare news coverage. Spot media bias. Avoid algorithms. Be well informed. Download the free Ground News app at: https://ground.news/tldrglobal
The recent dec...
Compare news coverage. Spot media bias. Avoid algorithms. Be well informed. Download the free Ground News app at: https://ground.news/tldrglobal
The recent decline of the Chinese yuan has undoubtedly had implications on the government of China and Chinese citizens. In this video, we explore how the yuan devalued over time, how the People's Bank of China controls its value, and the reasons behind its current decline.
💬 Twitter: https://twitter.com/tldrnewuk
📸 Instagram: http://www.instagram.com/tldrnewsuk
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TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision.
TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by just a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, following, and backing us on Patreon. Thanks!
/////////////////////////////////////
1 - https://www.macrotrends.net/2575/us-dollar-yuan-exchange-rate-historical-chart
2 - https://www.macrotrends.net/countries/CHN/china/trade-balance-deficit#:~:text=External%20balance%20on%20goods%20and,a%2030.16%25%20increase%20from%202020.
3 - KLEIN, MATTHEW C., and MICHAEL PETTIS. Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace. Yale University Press, 2020
4 - https://www.bloomberg.com/news/articles/2022-09-02/from-fixing-to-signaling-how-china-manages-the-yuan-quicktake
5 - https://www.bloomberg.com/news/articles/2022-09-02/from-fixing-to-signaling-how-china-manages-the-yuan-quicktake
6 - https://www.ft.com/content/bc1b3695-b832-4d99-8712-fc9b53984acb
7 - https://www.bloomberg.com/news/articles/2023-04-13/chinese-exports-unexpectedly-rise-in-positive-sign-for-economy
8 - https://www.ft.com/content/e2aaaa56-5dee-41be-9ed4-181496de6bf3
9 - https://www.ft.com/content/0ae934ac-29c6-4ac0-aea2-a33e9388f47e
00:00 - Introduction
00:55 - A Bit of History
04:29 - Recent Decline
07:36 - Why This is Bad News for China
08:39 - Sponsored Content
https://wn.com/Why_Is_China’S_Currency_Declining
Compare news coverage. Spot media bias. Avoid algorithms. Be well informed. Download the free Ground News app at: https://ground.news/tldrglobal
The recent decline of the Chinese yuan has undoubtedly had implications on the government of China and Chinese citizens. In this video, we explore how the yuan devalued over time, how the People's Bank of China controls its value, and the reasons behind its current decline.
💬 Twitter: https://twitter.com/tldrnewuk
📸 Instagram: http://www.instagram.com/tldrnewsuk
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Learn About Our Funding: https://tldrnews.co.uk/funding
TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision.
TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by just a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, following, and backing us on Patreon. Thanks!
/////////////////////////////////////
1 - https://www.macrotrends.net/2575/us-dollar-yuan-exchange-rate-historical-chart
2 - https://www.macrotrends.net/countries/CHN/china/trade-balance-deficit#:~:text=External%20balance%20on%20goods%20and,a%2030.16%25%20increase%20from%202020.
3 - KLEIN, MATTHEW C., and MICHAEL PETTIS. Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace. Yale University Press, 2020
4 - https://www.bloomberg.com/news/articles/2022-09-02/from-fixing-to-signaling-how-china-manages-the-yuan-quicktake
5 - https://www.bloomberg.com/news/articles/2022-09-02/from-fixing-to-signaling-how-china-manages-the-yuan-quicktake
6 - https://www.ft.com/content/bc1b3695-b832-4d99-8712-fc9b53984acb
7 - https://www.bloomberg.com/news/articles/2023-04-13/chinese-exports-unexpectedly-rise-in-positive-sign-for-economy
8 - https://www.ft.com/content/e2aaaa56-5dee-41be-9ed4-181496de6bf3
9 - https://www.ft.com/content/0ae934ac-29c6-4ac0-aea2-a33e9388f47e
00:00 - Introduction
00:55 - A Bit of History
04:29 - Recent Decline
07:36 - Why This is Bad News for China
08:39 - Sponsored Content
- published: 28 Jun 2023
- views: 401215
3:44
Bad News For Xi—Why The Chinese Yuan Will Not Replace The US Dollar As The World's Reserve Currency
Steve Forbes explains why the Chinese Yuan will not replace the US Dollar s the world's reserve currency.
Read the full story on Forbes:
Subscribe to FORBES:...
Steve Forbes explains why the Chinese Yuan will not replace the US Dollar s the world's reserve currency.
Read the full story on Forbes:
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
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https://wn.com/Bad_News_For_Xi—Why_The_Chinese_Yuan_Will_Not_Replace_The_US_Dollar_As_The_World's_Reserve_Currency
Steve Forbes explains why the Chinese Yuan will not replace the US Dollar s the world's reserve currency.
Read the full story on Forbes:
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
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Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
- published: 13 Apr 2023
- views: 322190
5:35
Is China trying to replace the dollar with yuan?
Forbes media chairman Steve Forbes and Fox News contributor Jason Chaffetz analyze how China is moving to replace the U.S. dollar as the world’s reserve currenc...
Forbes media chairman Steve Forbes and Fox News contributor Jason Chaffetz analyze how China is moving to replace the U.S. dollar as the world’s reserve currency for global trade on ‘The Evening Edit.’
Subscribe to Fox Business! https://bit.ly/2D9Cdse
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
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https://wn.com/Is_China_Trying_To_Replace_The_Dollar_With_Yuan
Forbes media chairman Steve Forbes and Fox News contributor Jason Chaffetz analyze how China is moving to replace the U.S. dollar as the world’s reserve currency for global trade on ‘The Evening Edit.’
Subscribe to Fox Business! https://bit.ly/2D9Cdse
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
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- published: 01 Apr 2023
- views: 265205
2:32
There's a serious currency crisis coming to China, says Crescat Capital CEO
Crescat Capital CEO Kevin Smith joins CNBC's 'Squawk Box' to discuss why he's betting against the Chinese yuan. For access to live and exclusive video from CNBC...
Crescat Capital CEO Kevin Smith joins CNBC's 'Squawk Box' to discuss why he's betting against the Chinese yuan. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast
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https://wn.com/There's_A_Serious_Currency_Crisis_Coming_To_China,_Says_Crescat_Capital_Ceo
Crescat Capital CEO Kevin Smith joins CNBC's 'Squawk Box' to discuss why he's betting against the Chinese yuan. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast
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- published: 07 Oct 2022
- views: 14785
1:38
Chinese Yuan surpasses dollar, becomes most traded foreign currency on the Moscow Exchange | WION
In a boost for China, its currency surpassed the US dollar for the first time this week. It makes Yuan the most traded foreign currency on Moscow Exchange. The ...
In a boost for China, its currency surpassed the US dollar for the first time this week. It makes Yuan the most traded foreign currency on Moscow Exchange. The western sanctions have pushed Russia closer to China.
#China #Yuan #Dollar
About Channel:
WION The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.
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https://wn.com/Chinese_Yuan_Surpasses_Dollar,_Becomes_Most_Traded_Foreign_Currency_On_The_Moscow_Exchange_|_Wion
In a boost for China, its currency surpassed the US dollar for the first time this week. It makes Yuan the most traded foreign currency on Moscow Exchange. The western sanctions have pushed Russia closer to China.
#China #Yuan #Dollar
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- published: 07 Oct 2022
- views: 225478
10:10
It’s Over: China Just Broke The US Dollar
Let's discuss the US Dollar as a reserve currency, China's recent plan to disrupt the dollar, and what this means for the future - Enjoy! Add me on Instagram: G...
Let's discuss the US Dollar as a reserve currency, China's recent plan to disrupt the dollar, and what this means for the future - Enjoy! Add me on Instagram: GPStephan | Get information with my free newsletter: http://grahamstephan.com/newsletter
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THE FULL STORY:
On March 29th, it was announced that China and Brazil “struck a deal to trade in their own currencies, ditching the US dollar as an intermediary.” This would essentially enable them to trade directly, without having to buy any US dollars in the process (they currently transact around $150 billion dollars per year that’s no longer going through the US).
Now, keep in mind, this isn’t the first time that something like this has happened: China has been already been shifting away from the US dollar since 2010. Russia and India both ditched the US dollar a year ago, and Saudi Arabia recently said that it was open to the idea of trading in Chinese Yuan.
Not to mention, China, Russia, India, Brazil, and South Africa have already joined forces to transact and create their own reserve currency that’s separate from our dollars (referred to as BRICS) so this isn’t exactly a shock that came out of nowhere - BUT it could have a significant impact.
On top of that, a Cambridge study warned that “US dollar’s dominant status should not be assumed to last forever,” and that - “BRICS accounts for 24 percent of world GDP and over 16 percent of world trade,” - so, it’s not like these changes are going to be taken lightly.
However, I personally believe that - the US Dollar isn’t going anywhere - it still takes the number one spot BY FAR - and most of these headlines simply want clicks. That’s why, I believe it’s good to understand what’s going on and WHY this is happening - but, instead - focus on what you can control - like, whether or not you’re properly diversified, whether or not you have a consistent income, whether or not you save at least 15-20%, and, whether or not you consistently invest long term.
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https://wn.com/It’S_Over_China_Just_Broke_The_US_Dollar
Let's discuss the US Dollar as a reserve currency, China's recent plan to disrupt the dollar, and what this means for the future - Enjoy! Add me on Instagram: GPStephan | Get information with my free newsletter: http://grahamstephan.com/newsletter
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The YouTube Creator Academy:
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THE FULL STORY:
On March 29th, it was announced that China and Brazil “struck a deal to trade in their own currencies, ditching the US dollar as an intermediary.” This would essentially enable them to trade directly, without having to buy any US dollars in the process (they currently transact around $150 billion dollars per year that’s no longer going through the US).
Now, keep in mind, this isn’t the first time that something like this has happened: China has been already been shifting away from the US dollar since 2010. Russia and India both ditched the US dollar a year ago, and Saudi Arabia recently said that it was open to the idea of trading in Chinese Yuan.
Not to mention, China, Russia, India, Brazil, and South Africa have already joined forces to transact and create their own reserve currency that’s separate from our dollars (referred to as BRICS) so this isn’t exactly a shock that came out of nowhere - BUT it could have a significant impact.
On top of that, a Cambridge study warned that “US dollar’s dominant status should not be assumed to last forever,” and that - “BRICS accounts for 24 percent of world GDP and over 16 percent of world trade,” - so, it’s not like these changes are going to be taken lightly.
However, I personally believe that - the US Dollar isn’t going anywhere - it still takes the number one spot BY FAR - and most of these headlines simply want clicks. That’s why, I believe it’s good to understand what’s going on and WHY this is happening - but, instead - focus on what you can control - like, whether or not you’re properly diversified, whether or not you have a consistent income, whether or not you save at least 15-20%, and, whether or not you consistently invest long term.
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
For business inquiries, you can reach me at
[email protected]
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan receives cash compensation from Public for sponsored advertising materials. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
- published: 31 Mar 2023
- views: 2640222
0:40
De-Dollarisation: Argentina to Pay China in Yuan
De-Dollarisation: Argentina to Pay China in Yuan | Vantage With Palki Sharma
The domination of the US Dollar is being challenged again. Argentina will pay for C...
De-Dollarisation: Argentina to Pay China in Yuan | Vantage With Palki Sharma
The domination of the US Dollar is being challenged again. Argentina will pay for Chinese imports in Yuan. Does the Chinese currency pose a real threat to the greenback? Palki Sharma tells you.
De-Dollarisation | Yuan | Joe Biden | USA | China | Argentina | Brazil | Chinese Debt Trap | World News | International News | Latest News | Trending News
#yuan #dollar #china #usa #vantage #vantageonfirstpost #palkisharma #firstpost #worldnews #globalnews #latestnews
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https://wn.com/De_Dollarisation_Argentina_To_Pay_China_In_Yuan
De-Dollarisation: Argentina to Pay China in Yuan | Vantage With Palki Sharma
The domination of the US Dollar is being challenged again. Argentina will pay for Chinese imports in Yuan. Does the Chinese currency pose a real threat to the greenback? Palki Sharma tells you.
De-Dollarisation | Yuan | Joe Biden | USA | China | Argentina | Brazil | Chinese Debt Trap | World News | International News | Latest News | Trending News
#yuan #dollar #china #usa #vantage #vantageonfirstpost #palkisharma #firstpost #worldnews #globalnews #latestnews
Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.
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- published: 27 Apr 2023
- views: 253135
2:35
Yuan overtakes dollar to become most-used currency in China's cross-border transactions | WION
The yuan was used in 48.4% of all cross-border transactions, Reuters calculated, while the dollar's share declined to 46.7% from 48.6% a month earlier. The volu...
The yuan was used in 48.4% of all cross-border transactions, Reuters calculated, while the dollar's share declined to 46.7% from 48.6% a month earlier. The volume of cross-border transactions covers both the current and capital accounts.
#yuan #china #latestnews
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.
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https://wn.com/Yuan_Overtakes_Dollar_To_Become_Most_Used_Currency_In_China's_Cross_Border_Transactions_|_Wion
The yuan was used in 48.4% of all cross-border transactions, Reuters calculated, while the dollar's share declined to 46.7% from 48.6% a month earlier. The volume of cross-border transactions covers both the current and capital accounts.
#yuan #china #latestnews
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.
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- published: 27 Apr 2023
- views: 14894
0:59
Pakistan to buy Russian Oil with Chinese Currency Yuan #shorts
#pakistan #russianoil #china @WorldAffairsUnacademy
Pakistan to buy Russian Oil with Chinese Currency Yuan | By Prashant Dhawan
#geopolitics #worldaffairs #p...
#pakistan #russianoil #china @WorldAffairsUnacademy
Pakistan to buy Russian Oil with Chinese Currency Yuan | By Prashant Dhawan
#geopolitics #worldaffairs #prashantdhawan
#worldaffairscurrentaffairs #hotissue #recentnews #breakingnews
#unacademy #unacademycurrentaffairs
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Pakistan to buy Russian Oil with Chinese Currency Yuan | By Prashant Dhawan
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- published: 20 Jan 2023
- views: 1646684