China's pushes to de-dollarize commodities markets

Video: China's pushes to de-dollarize commodities markets, sets up new metals exchange in Guangzhou. The world is pushing for dedollarization, US$ hegemony at risk and the US Ponzi game kept printing more money could be a thing of the past and the end of US Empire. 中國推動大宗商品市場去美元化，在廣州設立新的金屬交易所。世界正在推動去美元化，美元霸權面臨風險，美國龐氏遊戲不斷印鈔可能成為過去，美帝國也將走向終點.

China has opened a new global metals exchange in Guangzhou, which has begun trading lithium futures contracts.

In just the first month, trading on the Guangzhou exchange passed established exchanges in London, Chicago, and Singapore.

This is yet another effort by China to reduce exposure to trading in the US dollar. For China it is particularly urgent, and much simpler as well, to do so in the markets where China is the dominant buyer, and the top producer.

The lithium exchange will be a forerunner for other industrial metals over coming months, as China de-risks from Western banks and currency exchange regimes.

中國在廣州開設了一家新的全球金屬交易所，該交易所已開始交易鋰期貨合約。

光是第一個月，廣州交易所的交易量就超過了倫敦、芝加哥和新加坡的老牌交易所。

這是中國減少美元交易曝險的另一個舉措。對中國來說，在中國是主要買家和最大生產國的市場上這樣做尤其緊迫，也簡單得多。

隨著中國降低西方銀行和貨幣兌換制度的風險，未來幾個月鋰交易所將成為其他工業金屬的先驅.