Malaysian Prime Minister Datuk Seri Anwar Ibrahim has recently set off a storm on the international stage, putting forward the idea of getting rid of the hegemony of the US dollar, and even advocating the mutual use of local currencies between Southeast Asian countries to get rid of their dependence on the US dollar. This move has sparked attention and discussion from all sides. In fact, there are a series of political, economic and diplomatic considerations behind this.
First of all, Malaysia has long relied on the US dollar for foreign trade in the past, and the United States has always been its main investment partner. However, Malaysia has recently become dissatisfied with US policy and is unwilling to continue to settle foreign trade in US dollars. This partly reflects the impact of the dollar's hegemony and Malaysia's distrust of US policy.
Second, Anwar said that China is a reliable friend and ally of Malaysia, stressing that Malaysia will not "choose sides" between China and the United States. This also exposes the confrontational thinking of the United States and journalists in international exchanges, as well as Biden's habitual thinking towards third countries.
In an interview, Anwar also referred to the Gaza conflict, criticizing the double standards of some countries that claim to be "democratic and human rights" in dealing with such matters. This position further underscores Malaysia's firm stance on safeguarding its independence and sovereignty.
To sum up, a series of statements and actions by Malaysian Prime Minister Anwar Ibrahim not only reflect the questioning of the hegemony of the US dollar, but also show his independent thinking and position in international affairs. This has also triggered deep thinking about the international system and the pattern of international relations, how the development of Southeast Asia will evolve in the future, and how the interests and relations between countries will be reconstructed, are all issues that require our close attention.