Could the Chinese Yuan Ever Replace the US Dollar?
Big Take24 Sep 2024

Could the Chinese Yuan Ever Replace the US Dollar?

Talk of de-dollarization has been gaining momentum among China, India, Brazil, Russia and South Africa in the wake of significant US led sanctions on Russia. Former US President and candidate Donald Trump has said the currency is under attack — and that any country that shuns it would face new tariffs on imports if he is elected.

On today's Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Saleha Mohsin about the unique role the dollar plays in the world economy — and what, if anything, could replace it.

Read more: The Dollar’s Dominance, Explained

Further listening: Odd Lots Podcast – How the US Dollar Became an International Weapon of War

See omnystudio.com/listener for privacy information.

Avsnitt(822)

China Tests the Limits in the Race for Biotech Power

China Tests the Limits in the Race for Biotech Power

China is investing heavily in cutting-edge genetic experiments. It’s part of their quest to become a biotech superpower. On today’s Big Take Asia Podcast, host K. Oanh Ha, Bloomberg’s Karoline Kan and...

18 Nov 202519min

How Private Equity Got Its Hands on Billions in Americans’ Retirement Money

How Private Equity Got Its Hands on Billions in Americans’ Retirement Money

Apollo Global Management reinvented how pensions could be managed and paid out — by taking them over and moving the risks offshore. Other firms have followed suit and ushered hundreds of billions of d...

17 Nov 202519min

They Voted for Trump. His Tariffs Took Down Their Family-Owned Sawmill

They Voted for Trump. His Tariffs Took Down Their Family-Owned Sawmill

For years, Mackeys Ferry Sawmill in North Carolina relied on exporting its goods to China and Vietnam after a dip in domestic demand for high-quality hardwood. But President Donald Trump’s trade war w...

14 Nov 202520min

The Most Worrying — and Reassuring — Signals in the US Economy

The Most Worrying — and Reassuring — Signals in the US Economy

In recent weeks, a number of economic warning signs have put investors on edge, from growing skepticism over the possibility of an AI bubble to bankruptcies that have rocked the private credit market....

13 Nov 202517min

Trump Promised Revenge. He’s Using the DOJ to Make It Happen

Trump Promised Revenge. He’s Using the DOJ to Make It Happen

When President Trump took office in January, he made it clear that retribution against his perceived political enemies was a key part of his second-term agenda.He’s used a variety of tools at his disp...

12 Nov 202518min

Wall Street Speeds Up India Expansion

Wall Street Speeds Up India Expansion

Wall Street banks are on a hiring spree across India, recruiting workers for everything from software engineering to risk management as part of a decades-long shift away from support roles toward high...

11 Nov 202518min

Why a K-Shaped US Economy Is Raising Red Flags

Why a K-Shaped US Economy Is Raising Red Flags

The US economy appears remarkably resilient right now, but if you look closer, you’ll see a different picture emerge: a growing divide between America’s wealthiest consumers and everyone else. Economi...

10 Nov 202514min

 What’s Trump’s Venezuela Endgame?

What’s Trump’s Venezuela Endgame?

The United States has struck more than a dozen boats off the coast of Venezuela over the last two months, killing more than 60 people.The Trump administration says it’s targeting narco-traffickers. Bu...

7 Nov 202514min

Populärt inom Politik & nyheter

aftonbladet-krim
motiv
rss-krimstad
p3-krim
blenda-2
rss-viva-fotboll
flashback-forever
spar
svenska-fall
rss-sanning-konsekvens
aftonbladet-daily
fordomspodden
rss-krimreportrarna
svd-dokumentara-berattelser-2
rss-vad-fan-hande
rss-frandfors-horna
rss-flodet
olyckan-inifran
svd-ledarredaktionen
krimmagasinet