De-Dollarization: China Launches Cross-Border Digital Currency To Bypass USD In Global Trade
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In a big update, China has launched their cross-border digital currency beyond the mainland in Hong Kong. This is the first move towards de-dollarization of their global trade with the world. Here’s why this is a game-changer for the global economy.
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✅ Timestamps & Chapters:
0:00 China’s Digital Currency Launch
2:49 China’s Threat To The Dollar
5:54 Beijing’s CBDC Strategy
7:39 Sponsor: Private Internet Access
9:14 Fighting Against Containment
9:52 China Already De-dollarizing Global Trade
12:15 The Big Adoption Wave
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The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.
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