The US dollar could become ‘a major risk issue’ for China, a senior party figure has warned. Photo: ShutterstockThe US dollar could become ‘a major risk issue’ for China, a senior party figure has warned. Photo: Shutterstock
The US dollar could become ‘a major risk issue’ for China, a senior party figure has warned. Photo: Shutterstock

Time for China to decouple the yuan from US dollar, former diplomat urges

  • US will pose ‘increasingly severe threat’ to future Chinese development through dollar’s global monopoly
  • Preparations for gradual decoupling and internationalisation of the yuan should begin ‘now’
Topic |   Currency war
The US dollar could become ‘a major risk issue’ for China, a senior party figure has warned. Photo: ShutterstockThe US dollar could become ‘a major risk issue’ for China, a senior party figure has warned. Photo: Shutterstock
The US dollar could become ‘a major risk issue’ for China, a senior party figure has warned. Photo: Shutterstock
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