China Wants The Yuan To Rival The Almighty Dollar
Big Take24 Mai 2023

China Wants The Yuan To Rival The Almighty Dollar

The US dollar is the world’s most-used currency for global transactions. Now China aims to elevate its currency as an alternative. Over the past year, President Xi Jinping's government has struck deals linked to the yuan stretching from Russia and Saudi Arabia to Brazil and even France.

Bloomberg reporter George Lei joins this episode to talk about how China’s efforts to create a rival to the dollar are going so far–and its goals for the future. And reporter Rebecca Choong Wilkins walks us through the geopolitics contributing to this currency competition.

Read more: China Takes the Yuan Global in Bid to Repel a Weaponized Dollar

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

See omnystudio.com/listener for privacy information.

Episoder(825)

Why Wall Street Sells So Many Car Loans That Buyers Can’t Pay Off

Why Wall Street Sells So Many Car Loans That Buyers Can’t Pay Off

Bloomberg’s Paige Smith and Scott Carpenter join this episode to talk about why the subprime auto loan market is thriving—and what that means for lower-income car owners who face high interest rates a...

14 Nov 202331min

Elon Musk’s Neuralink Wants To Get Inside Your Head

Elon Musk’s Neuralink Wants To Get Inside Your Head

Bloomberg’s Ashlee Vance joins this episode to talk about his exclusive reporting on Neuralink, Elon Musk’s brain implant startup that’s gearing up for its first human clinical trial.  Read more: Elon...

13 Nov 202326min

Introducing: Elon, Inc.

Introducing: Elon, Inc.

At Bloomberg, we’re always talking about the biggest business stories, and no one is bigger than Elon Musk. In this new chat weekly show, host David Papadopoulos and a panel of guests including Busine...

12 Nov 202343s

Consumer Brands Keep Getting Pulled Into Politics

Consumer Brands Keep Getting Pulled Into Politics

What do Nike, Bud Light, Target and Disney have in common? They’re all brands that have been caught up in America’s political and culture wars. Corporations once tried to stay out of politics. Now the...

10 Nov 202322min

US Veterans Are Losing Their Homes As Covid Mortgage Relief Ends

US Veterans Are Losing Their Homes As Covid Mortgage Relief Ends

During the pandemic, the US government granted millions of homeowners a temporary pause in their mortgage payments. Hundreds of thousands of military veterans were among those who participated in the ...

9 Nov 202326min

Previewing the Republican Primary Debate With Governor Chris Sununu

Previewing the Republican Primary Debate With Governor Chris Sununu

New Hampshire Governor Chris Sununu is still playing the Republican presidential primary field. With a little more than two months until the first caucus, the four-term Republican governor still hasn'...

8 Nov 202315min

The Junk Food Industry Finds Its Next Sweet Spot: India

The Junk Food Industry Finds Its Next Sweet Spot: India

Bloomberg’s Pratik Parija and Kai Schultz join this episode to discuss why the packaged food and beverage industry has its sights set on India—and what that means for the health and wellbeing of the 1...

7 Nov 202320min

The Company That Made Your Phone Wants To Make Your EV, Too

The Company That Made Your Phone Wants To Make Your EV, Too

The Taiwan-based company Foxconn builds roughly two out of every three iPhones, along with the Google Pixel, Amazon Kindle, Nintendo Switch and a slew of other popular products. Bloomberg’s Reed Steve...

6 Nov 202327min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
stopp-verden
aftenpodden-usa
forklart
i-retten
popradet
nokon-ma-ga
lydartikler-fra-aftenposten
det-store-bildet
dine-penger-pengeradet
rss-ness
rss-gukild-johaug
aftenbla-bla
hanna-de-heldige
fotballpodden-2
e24-podden
frokostshowet-pa-p5
rss-dannet-uten-piano
unitedno