China Just Signed Agreements With 40 Countries to Replace the US Dollar with the Yuan!
By Ancient Craft
What if the emerging markets, led by China and its BRICS allies, decided to upend the global financial system and replace the U.S. dollar’s dominance? Under the leadership of Xi Jinping, China is reshaping the world’s financial order with currency swap agreements and strategic economic diplomacy, directly challenging the dollar’s long-standing reign.
In this video, we explore how China’s currency swap agreements are more than just financial transactions—they’re part of a broader vision to create a new global financial order with the Chinese yuan at its center. From Thailand and Argentina to South Africa and Nigeria, countries are increasingly turning to China, cutting their reliance on the U.S. dollar and opening the door for a new multipolar financial system.
As China continues to sign over 40 currency swap agreements, the implications for global trade and finance are monumental. Is this the beginning of the end for the U.S. dollar? Can the yuan truly replace the dollar as the world’s leading currency? Join us as we dive deep into this unfolding revolution in global finance, uncovering the stakes and potential for the future.
Here’s what others had to say:
@johnlay3040
The USD is like a timebomb. You better get rid of it before it explodes.
@shahidqazi8980
Great move China. Never to be bullied ever again. God bless China.
@saeedabdelqader9093
The US owes China about 800 billions , which it will take forever to pay it back.
@linkan4738
It is not to ditch dollar. It is a simple and mutual agreement between two soveign countries. What is wrong to use their own currencies?
@gunsumwong3948
BRICS countries are nations trading with each other using their own currencies. US is not part of BRICS so it is normal and proper that dollar is not used.
@bireswarhalder9765
Good analysis. If Saudi Arabia agrees to trade oil in Yuan thus creating petroYuan, that will have momentum implications on dollars.
Although the dollar is not going to fall immediately but certainly the process has started.
@TanJenWee
A country should not sell their valuable goods for useless debt valued US dollar. US has 37 trillions debt,which is impossible to repay it back.
@ronaldmarcks1842
The clowmTrump ist he best freebie America’s adverasries ever had.
@flhong
Every country have something to trade. Not just US alone.
@dianasekatane6045
The weaponising of the dollar has brought this on themselves.
@angiecheesman3114
Hope Canada smartens up, joins BRICS and starts better relationship with China.
@japper484
Down with new world order …its time for new global economy order…freedom to trade without sanctions and freedom to decide currencies to trade with without veto power…long live multipolar power..long live BRCS
@thierryguerin9507
After what USA did to Europe with Ukraine. European should join this agrément with china
@TxawjHlub-k3l
Hope something positive come out of this dedollarization. The American acted a little evil on their part by using their dollars as weapon.
@SCress-lv2be
The EU would do good for their economy and there people and look into it to join, for the trade in their own currency the EURO. Leave that Trump dollar.
@maepampokorohlabirwa5947
It’s quite clear that countries impacted by sanctions imposed on them for over decades will embrace this as their sole sanctuary because in this newly formed platform,sanctions aren’t going to be used to hit the weak and struggling,developing nations but will instead be elevated to a high level where their true feel of independence can be seen or enjoyed.
@aaronl7045
Why Australia do not dump USD yet, when our dollar worth less by 52,8 cents over like USD dollar we pay 1.52.8 for it USD, why because it is manipulate by the USD treasure. also Australia must join BRICKS in order to independent and free and neutral country in good relationship with all countries in Asia and get out from the Warmongers. sanctions, Tariffs and manipulators.
@MunirChavla
Bric needs a new name. Brazil and India bowed out leaving China and Russia with small countries left.
@anothapiper
It is not just China has currency swap agreement with other countries, many many more countries have also swap agreement with each other. When they all realize that the US is not a reliable and credit worthy country, they all try to avoid its $ as much as possible.
@mohammedhumaid7636
It will be slow process in which US will have to increase interedt rates on bonds, a step which would slow the US economy and inceasing US debt levels. Increasing pressure on USD.
Original source: https://youtu.be/j5JODAJLvzk?si=UQDi4Bm7YBOYMbX4