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The Ccp's De-Dollarization Process Encounters a Dollar Defense Battle in Washington
Summary by 大纪元 Epoch Times
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The Chinese Communist Party is attempting to weaken the influence of the US dollar through various means in order to gain financial hegemony. For decades, the US dollar has been the cornerstone of the global financial system. It dominates international trade settlements, serves as the anchor currency for central bank foreign exchange reserves, and underpins international financial networks such as SWIFT (Society for Worldwide Interbank Financial…
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