东盟金库大迁徙！将黄金交中国保存，终结美元霸权？

Core Viewpoint - China is attracting friendly nations to purchase gold and store it within its borders through the Shanghai Gold Exchange, which could significantly alter the global monetary system [1][4]. Group 1: Global Monetary System Changes - The control of gold reserves is increasingly seen as equivalent to having a say in global monetary policy, a shift from the historical dominance of the US dollar [4]. - The Bretton Woods system established the dollar's link to gold, making it the core of global currency, but recent trends show a growing skepticism towards the US dollar [4][6]. - The "de-dollarization" movement is gaining momentum, with gold's share in global foreign exchange reserves rising to 20%, surpassing the euro and second only to the dollar [6]. Group 2: China's Strategic Moves - China's initiative to allow foreign central banks to store gold is a well-planned strategy aimed at enhancing trade and reducing reliance on the dollar [8]. - The ability to trade directly in gold using the Chinese yuan can facilitate oil purchases without needing to convert to dollars, mitigating risks associated with dollar dependency [9]. - The integration of the yuan into the official foreign exchange reserves of ASEAN countries and the establishment of a cross-border payment system (CIPS) are steps towards promoting the internationalization of the yuan [10]. Group 3: Future Implications - If gold can be freely exchanged, it would enhance the yuan's role in global trade, signaling a shift towards a new financial order where the dollar is not the sole option [11].