Could the Chinese Yuan overtake the US dollar?

Economy Simplified

Category Nov 14, 2022 White Lightning White Lightning Learn more

China’s economy

[{"selector":"#anim-9b8c05eb-d79c-44f6-ba97-b5bb0c0ddd17","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9787a8ff-5904-423a-92ba-0ab661fc2fcd","keyframes":{"transform":["translate3d(-113.77246%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Lightning White Lightning Learn more

The currency that is used the most for international trade and cross-border transactions becomes the de facto reserve currency.

[{"selector":"#anim-defbe3db-15a6-48d6-a9ed-d3d57da80382","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-55c87386-0b5d-40b6-9114-fbf098745376","keyframes":{"transform":["translate3d(-158.33334%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-541a3e5a-7d7a-4ec8-a4bb-e6e810ce03ba","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56a9a571-b980-4a1e-a89c-df4b7004d929","keyframes":{"transform":["translate3d(-109.2219%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Lightning White Lightning Learn more

How does a currency become a reserve?

[{"selector":"#anim-129ce0e4-dc1a-431a-bd1c-4a4a5223f7cb","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b5c5ddda-01cb-4ae8-ab29-7a36726b4633","keyframes":{"transform":["translate3d(-113.48974%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Lightning White Lightning Learn more

Strategy of China

[{"selector":"#anim-2c439d13-ff4b-48fa-95dc-8fa5f0c99874","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7727f5d5-4428-4b25-aa8a-2c414ba6b478","keyframes":{"transform":["translate3d(-116.44295%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-516d69b4-5aaa-46a1-8cd5-7ab7b5f6255b","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-23b75861-6593-4cf1-833d-2ccdc96de656","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] White Lightning White Lightning Learn more

Chinese Yuan

[{"selector":"#anim-5157f296-b8f7-4846-9c28-f828ab0bcb8d","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d1d20f1f-d647-4249-8e7e-1949df4013c4","keyframes":{"transform":["translate3d(-115.09434%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-42816a45-2db3-49b8-b096-b9e4d9517342","keyframes":{"opacity":[0,1]},"delay":750,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] White Lightning White Lightning Learn more

The worldwide impact: Yuan may replace the U.S. dollar

[{"selector":"#anim-62f548f4-0ab2-4372-a84a-b28d283b3f88","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2f34f76c-1c82-423e-98d8-68f39249316c","keyframes":{"transform":["translate3d(-115.53399%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f756fc79-f488-42e5-a1b0-1c6c04725aa9","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91bafe04-a9d9-4dd7-968a-5907314057f1","keyframes":{"transform":["translate3d(0px, 211.99122%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Lightning White Lightning Learn more

Economy Simplified

[{"selector":"#anim-d6b44fc5-4036-4d3b-af27-efb6bc89345d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ee2b8ea0-3711-4e29-b341-d93333e901c7","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 467.03692%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d829271c-80cc-4dd8-9bba-67f4dfde51f1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-10babef5-c416-432a-88d9-552b12eeae01","keyframes":{"transform":["translate3d(0px, 517.39784%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Frame Corner White Frame Corner Could the Chinese Yuan overtake the US dollar ? * Economy Simplified Articles are published for Educational purpose please be careful before Investing Learn more

Economy Simplified

Basic of Economy