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Who Is Challenging the US Dollar’s Dominance?

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The US dollar’s dominating role in international trade gives America enormous leverage in tracking and sanctioning actors it deems dangerous. But now, several countries, with the most prominent being China, are starting to challenge the dollar’s default status. From settling trade accounts to lending money in alternate currencies, some countries are trying to chip away at the dollar. Will other countries follow?


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China Economy, China Russia Alliance 2019, China Russia Pakistan Trade in Local Currency
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