【环球财经】巴西专家：中巴本币合作前景广阔

Core Viewpoint - The global financial system is undergoing structural adjustments, with a noticeable trend towards "de-dollarization" represented by the use of local currencies in trade, particularly between China and Brazil, aimed at enhancing economic resilience and autonomy [1][2]. Group 1: De-dollarization and Local Currency Use - The dominance of the US dollar in international trade and reserve systems has created a high dependency for many economies, exposing them to risks amid geopolitical conflicts and financial market volatility [1]. - China and Brazil have initiated pilot programs for direct settlement in Renminbi and Real in certain trade sectors, which have shown positive results by significantly reducing cross-border transaction costs and enhancing operational efficiency [1][2]. - Local currency cooperation improves profit margins for enterprises on a micro level and deepens bilateral economic trust and long-term cooperation expectations on a macro level, contributing to a more equitable and inclusive global financial governance system [1]. Group 2: Challenges and Future Outlook - The de-dollarization process faces challenges such as lagging financial infrastructure, insufficient market education, and limited risk management capabilities among small and medium-sized enterprises, necessitating collaboration among central banks, financial institutions, and policymakers [2]. - Local currency cooperation and de-dollarization are expected to play a crucial role in shaping the future global financial landscape, providing developing economies with greater sovereignty and opportunities for prosperity [2].