CCP Announces Next Move of ‘Accelerated De-dollarization Push’

“The Asian Clearing Union (ACU) will reportedly launch a new cross-border financial messaging system in June…marking another major move…amid the accelerated global de-dollarization push…In contrast with the de-dollarization push, the internationalization of the Chinese yuan has been further elevated.” —CCP’s Global Times

China has been triumphantly boasting about the weakening of the US dollar as the standard world reserve currency. Multiple moves have been made by various countries, turning toward the Chinese yuan and away from the US dollar. This is tremendously dangerous, but the Biden administration seems oblivious (possibly because the Biden family is bought and paid for by China).

Now once again Chinese Communist Party (CCP) state propaganda outlet Global Times, which also likes to issue violent threats against America, is gleefully announcing another blow at the US dollar as world reserve currency.