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

by Eric Olander
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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