China Hits Back On The US, EU & Japan Economies As Trade Partners Dethrone Dollars For Yuan
China Hits Back On The US, EU & Japan Economies As Trade Partners Dethrone Dollars For Yuan
Sean Foo
141K subscribers
59,039 views May 21, 2024
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China begins their retaliation with a probe into plastics dumping from the US, EU and Japan. This threatens to escalate towards a full trade war. Meanwhile, China is accelerating de-dollarization with a shocking update from the IMF. China's closest trading partners have effectively ditched the dollar for trade in the Chinese Yuan. Here's what you must know!
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✅ Timestamps & Chapters:
0:00 China Begins Trade Retaliation
3:18 China Takes Aim At The G7
6:05 Containment Strategy Backfiring
8:11 Sponsor: Indigo Precious Metals
9:33 Dollars Ditched For Chinese Trade
10:45 Foreigners Buy-Up Record China Stocks
13:26 Two Guarantees
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