China's De-Dollarization Push Hits Reality: Report - IndiaWest
China's De-Dollarization Push Hits Reality: Report - IndiaWest
Source: IndiaWest
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DW NOTE
China settles 90% of its trade in dollars. The Belt and Road loans are dollar-denominated. Its $3 trillion reserves are two-thirds Treasuries. De-dollarization isn't a push hitting reality—it's a talking point that never left the podium.