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RE: Can China Dethrone US$ as Global Reserve Currency? ~ Steve Brown … (Death of the Dollar–34) with Link to Full Story
Hi @majes.tytyty
The reality of the world in the face of the dollar and a Chinese currency is complex.
The Chinese are currently not very well regarded, I think the pandemic has affected the global vision with respect to them and if I manage.
Of course, it is evident the scope they have, that is unquestionable, they are practically all over the world through their trade, their products.
When you think of a country that could have been established with great strength, the Asian giant comes to mind, however, for now there is still a way to go.
Certainly, they have a long way to go and there are many issues regarding the Asian giant. But the fact is that China still has plenty of growth ahead of it, while advanced countries such as Japan and the US are stagnant, with few prospects for sustained growth.