Posted by enning22 > 2021-05-27 20:35 | Report Abuse

don't be silly, ccp is just another ussr, bye,bye

Posted by fazil > 2021-05-28 10:01 | Report Abuse

If that happens - Pax Americana is good bye , the end of an Empire. World war 3 is in horizon- Mutual Assured Destruction.

Posted by enning22 > 2021-05-28 10:24 | Report Abuse

don't be silly , ww3 has already been started, it began with trade war, then biochemical weapon, you are in the midst of it.have you taken the jab of vaccine.

Posted by pjseow > 2021-05-28 21:57 | Report Abuse

Can yuan replace US Dollar ? Not until at least another 20 years . The Russian & IRan oils using Yuan as exchange is the first step towards accelerating USAGE of Yuan . The Sanctions by US against IRAN has forced IRAN to sign a 25 years trade deals with China using Yuan as trade denominations. . While Iran sells oils to China in Yuan , China can sell most of its products to Iran in Yuan too .The next areas possibly Yuan can be used is RCEP which accounts for one third of world trade . Yuan must shows stability over a period of time before more countries have confidence . IF US dollar keep declining with US govenment keep doing unlimited QE , it will depreciate and slowly lost its shine because nobody wants to keep US dollar as deposit if it keeps depreciating . China also begin to set foot in Middle East . The active participation by China in recent Palestinian Isreal conflict is China strategy to win over the hearts of Middle East muslim countries .Once these countries start to use Yuan to trade with China , the world geopolitics will shift .Hope they wont be any world war due to such shift .

Posted by ykloh > 2021-05-29 00:40 | Report Abuse

Yuan alone may not replace USD in world trade. Yuan and several other stable currencies may cause the USD to lose its predominant position in world trade. Assisted in the process by the digitisation of currencies.

Posted by pjseow > 2021-05-29 12:45 | Report Abuse

ykloh. Yes . I think what KYY meant was Can Yuan REplace US Dollar current position where about 50 % of world trade is using US Dollar ?
The EU will promote and ensure the Euro remain relevant unless EU breakup. The British pound will go downhills as Britain 's economy continue to go downhill .