The US financial dominance will not end any time soon. Photo: Shutterstock The US financial dominance will not end any time soon. Photo: Shutterstock
The US financial dominance will not end any time soon. Photo: Shutterstock
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

China has to accept US dollar remains dominant for now

  • However, in the longer term, Beijing must internationalise the yuan and continue with financial reforms if the currency is to gain greater acceptance for global trade

The US financial dominance will not end any time soon. Photo: Shutterstock The US financial dominance will not end any time soon. Photo: Shutterstock
The US financial dominance will not end any time soon. Photo: Shutterstock
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SCMP Editorial

SCMP Editorial

Editorials represent the views of the South China Morning Post on the issues of the day.