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Mixed Views in the Chinese Discourse About the Rise of the Yuan and Fall of the Dollar

HEADLINE TRANSLATION: "De-dollarize! ASEAN’s big move, Brazil announced direct local currency settlement with China, and the RMB moved from behind the scenes to the front stage"

A similar split of opinions exists in China as in the West between experts who see greater yuan internationalization economically and those who frame the issue in geopolitical terms.

These differences of opinion are playing out this week across different Chinese publications:

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The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.


A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.


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