Core Viewpoint - The rise of the Renminbi (RMB) is positioned as a response to the declining dominance of the US dollar, driven by unsustainable debt levels and excessive money printing by the US government [1][5][39]. Group 1: US Dollar's Decline - The US national debt is projected to exceed $38 trillion by 2026, exacerbated by the printing of 80% of the circulating dollars during the pandemic, which increased from $4 trillion to $20 trillion in just 22 months [3][5]. - The purchasing power of the dollar has significantly decreased over the past fifty years due to rampant money printing, undermining its long-term viability as a dominant currency [5][7]. - The financial system in the US has become detached from the real economy, relying heavily on financial speculation rather than tangible production [7][23]. Group 2: BRICS Strategy - BRICS countries have developed a pragmatic 2026 currency plan that focuses on real trade, infrastructure, and local currency settlements, moving away from the idea of a gold-backed currency [10][12]. - The new payment system initiated by BRICS, covering 185 countries, positions the RMB as a central pillar, allowing countries to conduct trade without relying on the US dollar [12][14]. - This strategy aims to create a self-sustaining demand for the RMB through infrastructure projects and trade partnerships, rather than through speculative financial instruments [14][35]. Group 3: Global Manufacturing and Trade - China now accounts for nearly 30% of global manufacturing output, surpassing the combined totals of the US, Europe, and Japan, which enhances the RMB's attractiveness for international trade [16][20]. - The RMB's rise is supported by China's dominance in key sectors such as electric vehicles, batteries, and solar panels, making it essential for many countries to engage with China for their development needs [20][23]. - The shift towards RMB settlements allows countries to avoid risks associated with dollar fluctuations and US financial sanctions, making it a more stable choice for international transactions [25][30]. Group 4: Case Study - Kenya - Kenya's decision to convert billions in railway debt from USD to RMB resulted in a significant reduction in loan interest rates, demonstrating the practical benefits of using RMB for financing [27][29]. - This model of local currency financing, which stabilizes repayment conditions and aligns with trade partnerships, is being adopted by other African nations [32][35]. - The approach not only alleviates debt pressures but also fosters a cycle of increased RMB usage and trade dependency on China, reinforcing the currency's global position [35][37]. Group 5: Future Implications - The RMB's ascent is not aimed at replacing the dollar but at establishing a multipolar financial system that reduces reliance on a single currency [41]. - The global demand for a more stable and equitable monetary system is growing, and the RMB is positioned to meet this need as countries seek alternatives to the dollar [39][41].
美国玩虚的,中国搞实的!金砖国家布局货币计划,人民币要崛起了
Sou Hu Cai Jing·2025-12-15 11:36