China envisions ‘multi-polar’ currency world

semafor.com/article/06/19/2025/china-sets-out-vision-of-multi-polar-currency-world

China’s central bank governor set out his vision for a “multi-polar” currency order, part of Beijing’s long-running efforts to dethrone the dollar.
Washington derives huge benefit from the dollar’s role as the world’s reserve currency, allowing it to borrow more cheaply and impose…

This story appeared on semafor.com, 2025-06-19 11:05:41.
The Entire Business World on a Single Page. Free to Use →