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Outlook 2024: China unusually candid about economic challenges | Hellenic Shipping News Worldwide

Outlook 2024: China unusually candid about economic challenges | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Australian dollar a proxy for Chinese failure

Australian dollar a proxy for Chinese failure
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The Difficult Realities of the BRICS' Dedollarization Efforts—and the Renminbi's Role - Carnegie Endowment for International Peace

The Difficult Realities of the BRICS' Dedollarization Efforts—and the Renminbi's Role - Carnegie Endowment for International Peace
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De-Dollarisation Continues Unabated in 2023

The US dollar’s position as the world’s reserve currency was unshakeable, but efforts are underway to knock it off its perch as the US has increasingly used its currency to intimidate others. De-dollarisation efforts mainly involve transitioning to more reliance on gold, but some nations are pushing their currencies as dollar substitutes.

China
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Shanghai

Currency diversification

Currency diversification
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