The People's Bank of China outlined its key tasks for 2025: internationalization of RMB

1/3/2025 The People's Bank of China outlined its key tasks for 2025, emphasizing the internationalization of RMB and consolidating Hong Kong's position as a financial center. What is the purpose behind this? Mr. Miles Guo has repeatedly warned that the CCP is promoting the internationalization of RMB through Hong Kong, aiming to weaken the position of the U.S. dollar.
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