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De-dollarization Dreams: Why the US Dollar Won't Bow Out – The Diplomat

While the discourse around de-dollarization gains momentum, particularly with the strategic expansion of BRICS, the U.S. dollar’s preeminence remains largely unchallenged. ....

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BRICS: A China-Led Group Looking for Relevance

Everything that is being proposed at the BRICS summit is already being done – often more effectively – at the bilateral level by China. ....

United Arab Emirates , United States , New Delhi , Distrito Federal , Buenos Aires , Saudi Arabia , South Africa , Donald Trump , Jim Oneill , Vladimir Putin , Patricia Bullrich , Sergio Massa , Asian Infrastructure Investment Bank , Shanghai Cooperation Organization , United Nations , Development Bank , Un Security Council , World Bank , Jimo Neill , Goldman Sachs Asset Management , Then Leader Hu Jintao , Road Initiative , For Xi Jinping , Russian President Vladimir Putin , Middle East , Javier Miles ,

Is France Backing China's Currency Against the US Dollar? – The Diplomat

President Macron’s recent state visit to China resulted in rare yuan-denominated deals. Does that signal French support for renminbi internationalization?  ....

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China's CIPS: A Potential Alternative in Global Financial Order – The Diplomat

Insights from Emily Jin. ....

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Can China's SWIFT Alternative Give Russia a Lifeline? – The Diplomat

Russia’s increasing use of the RMB and connectivity with China’s international payment system will struggle to mitigate the fallout of international sanctions. ....

Orenburgskaya Oblast , United States , Crimean Peninsula , Avtonomna Respublika , Edward Fishman , Woodrow Wilson , People Bank , Society For Worldwide Interbank Financial Telecommunication , European Union , Bank Rossiya , Bank Otkritie , President Woodrow Wilson , United State , Worldwide Interbank Financial Telecommunication , Financial Messages , Cross Border Interbank Payment System , Can Russia , East Asia , China Swift Alternative , China Russia Financial Cooperation , China Russia Trade , Rmb Internationalization , Russia Swift , Sanctions On Russia ,