China’s drive to reduce reliance on the US dollar crystallized during the 2008–2009 global financial crisis.
Alarmed by the US Federal Reserve’s aggressive money printing, which threatened the value of Beijing’s $1.9 trillion (€1.65…

China’s drive to reduce reliance on the US dollar crystallized during the 2008–2009 global financial crisis.
Alarmed by the US Federal Reserve’s aggressive money printing, which threatened the value of Beijing’s $1.9 trillion (€1.65…