中美角力有了结果，美元霸权基础要被动摇，人民币国际化难以遏制

Core Viewpoint - The use of the Chinese yuan for settling iron ore transactions in Australia signifies a shift in pricing power towards China, indicating a growing trend of international transactions being conducted in yuan rather than US dollars [1][9]. Group 1: Implications of Yuan Settlement - The move to settle transactions in yuan allows China to gradually reclaim pricing power in global trade, which is crucial for its economic strategy [1][9]. - Countries like Iran, Russia, and Brazil have already begun using yuan for trade, reflecting a broader trend of nations seeking alternatives to the US dollar [1][9]. - The recent geopolitical events, such as conflicts in the Middle East, have prompted countries to reconsider their reliance on the dollar, creating an opportunity for the yuan to gain traction [1][9]. Group 2: China's Economic Strategy - China aims to use the yuan as a "shopping card" for global trade, focusing on practical transactions rather than seeking to establish the yuan as a global reserve currency like the dollar [7][9]. - The strategy emphasizes maintaining a strong industrial base while avoiding the pitfalls of financial speculation that have led to economic issues in other countries [5][11]. - The goal is to create a closed-loop system where China can purchase essential resources using its currency, thereby enhancing its economic sovereignty [3][9]. Group 3: Comparison with the US Dollar - The yuan does not yet possess the three key attributes of the dollar: universal acceptance for purchases, extensive investment channels, and unrestricted flow [5][11]. - China's approach to currency internationalization is fundamentally different from the US, focusing on stability and cooperation rather than dominance and capital maximization [11][13]. - The yuan's internationalization is seen as a strategic move to enhance China's economic position without directly challenging the dollar's supremacy [9][13]. Group 4: Future Prospects - The increasing use of the yuan in global commodity transactions, such as iron ore and oil, suggests a potential shift in the global trading landscape [9][13]. - As more countries adopt the yuan for trade, it could lead to a significant reduction in the dollar's influence, particularly in commodity markets [9][13]. - The ongoing developments indicate that the yuan's role in international trade is likely to expand, with the recent Australian iron ore transaction being just the beginning [9][13].