We are de-dollarized in this way, and the internationalization of the renminbi is synchronized, and we use the Internet thinking to cultivate the user habits of the renminbi, so that more countries can pay off their dollar debts without spending a penny.
It is to replace their dollar debts with RMB debts, that is, to lend our dollars to these countries that need dollars to repay their debts, and then they will avoid the tidal effect of the dollar interest rate hike, and they will not go bankrupt because the dollar shortage cannot repay their debts.
And then when these countries pay back China's money, they will pay it back in RMB, what if they don't have RMB, it's very simple, when they sell resources to China, they settle in RMB, that is, they accept China's payment in RMB, don't they have RMB?
Then their renminbi can not only be used to return China, but also can be used to buy China's industrial products, as more and more countries accept this operation, many countries have renminbi between each other, simply between them ** also use renminbi, the settlement system China has long been ready, soon a ten, ten hundred, de-dollarization will not slowly rise, and finally the dollar will play with them in the West.
Blinken said at the Munich Security Conference that in international politics, you're not at the table, you're on the menu. He said that what matters to him is not to choose, but to provide a good choice, and he believes that the United States is providing good options. In fact, it is a naked threat, which means that if it does not accept the good choice of the United States, it will be eaten by the United States.
It was useful in the past, the US military and the dollar hegemony, countries dare not speak out, so in the past, how could it be said so bluntly by Blinken, but now it is said so bluntly, but the US hegemony is really inadequate. Think about the fight against Iraq and Libya back then, the United States was absolutely the embodiment of justice. Think about Afghanistan, Putin allowed the United States to settle in Central Asia, and China also expressed support.
At the Munich Security Conference, Indian Foreign Minister S Jaishankar had an interesting conversation with Blinken, saying that we have a lot of choices that mean that we are smarter, and you should admire me, not criticize me, and Blinken laughed.
This is where the reality of international politics lies, why didn't Blinken tell India, you don't listen to us, you will put it on the menu?
Egypt has announced that Egypt plans to change the settlement method with other BRICS countries from US dollars to local currency.
The race and game between currency and goods, it depends on who is faster, who can't do without whom, everyone is a bright card, continue to play for another five to ten years.