Group 1 - The foundation of US dollar hegemony is crumbling, with over 90% of transactions between China and Russia now conducted in local currencies, signaling a shift towards de-dollarization that has become a market reality [1][3] - The CIPS system, connecting nearly 5,000 financial institutions across 185 countries, is emerging as a significant financial infrastructure, often referred to as the "financial Silk Road" [1] - The financial sanctions imposed by the US on Russia following the Ukraine conflict have led many countries to reconsider their reliance on the dollar, realizing that their assets are not fully under their control [3] Group 2 - The Trump administration's tariff policies have significantly impacted the dollar's dominance, driving the dollar index to its lowest level in nearly 50 years, with a more than 10% drop in the first half of the year [5] - The US national debt has surged past $34 trillion, resulting in an average debt burden of $100,000 per citizen, which undermines the credibility of the dollar [7] - The internationalization of the renminbi is accelerating, supported by initiatives like the Belt and Road, which enhance the currency's appeal and encourage countries to bypass the dollar for trade [9][11] Group 3 - Countries are increasingly recognizing the strength of the Chinese economy, leading to a growing acceptance of the renminbi in international trade and foreign exchange reserves [11]
特朗普没想到:压垮美元霸权的最后一根稻草,会从自己手中落下
Sou Hu Cai Jing·2025-11-14 10:04