Ride the Tiger with CD Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

Arran Yuan

To: koan who wrote (311999)	10/19/2025 1:06:41 PM
From: carranza2	1 Recommendation Read Replies (1) of 312266

De-dollarization: Not so much. prcleader.org <<<China’s efforts to create a self-reliant financial system come with economic costs. The clearest example of this is the lack of progress in renminbi internationalization, a long-standing goal of Beijing. Despite China being the world’s second-largest economy and the world’s largest exporter, the renminbi has not emerged as a contender to either the dollar or the euro. According to data from SWIFT, the renminbi accounts for less than 5 percent of global transactions (see Figure 4). [26] The renminbi also has a low weight in foreign exchange reserves held by other countries. According to data from the People’s Bank of China, the renminbi only accounts for 2.14 percent of global foreign exchange reserves. [27] The balance of offshore renminbi deposits has not grown significantly since 2015, when the People’s Bank of China began to promote its growth. Capital controls, foreign ownership limits for financial assets, and state-owned payment systems have all undermined the attractiveness of the renminbi as an international currency.>>>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next