Group 1 - Cambodia plans to transfer part of its gold reserves, approximately 54 tons, to a national gold storage facility in Shenzhen, China, indicating a shift in financial security towards China [3][6] - Other Southeast Asian and Middle Eastern countries are also considering transferring gold reserves to China, reflecting a growing awareness of the risks associated with the dollar-based financial system [3][8] - The transfer of gold from Western countries to China signifies a potential shift in the global reserve system, as more nations recognize the vulnerabilities of relying on the dollar [3][8] Group 2 - The People's Bank of China has authorized First Abu Dhabi Bank (FAB) to act as a renminbi clearing bank, marking the UAE as the first Middle Eastern country to adopt this role [5][6] - This development allows UAE businesses to conduct trade and investment directly in renminbi, reducing costs associated with dollar transactions and mitigating risks from U.S. financial sanctions [6][8] - The establishment of a renminbi clearing system in the Middle East could encourage other countries in the region to follow suit, potentially leading to a significant shift from the dollar to the renminbi in oil trade [6][8] Group 3 - The combined actions of gold storage in China and the establishment of a renminbi clearing bank in the Middle East pose a significant challenge to the dollar-dominated Bretton Woods system [8] - These initiatives support the internationalization of the renminbi and enhance its credibility through strategic gold positioning [8] - The ongoing developments suggest a gradual formation of an independent "Eastern financial new system," indicating a critical step in reshaping the global financial order [8]
中国闷声出大招,半月内连出两记重拳,美元霸权地位快保不住了
Sou Hu Cai Jing·2025-11-11 08:06