Compare news coverage. Spot media bias. Avoid algorithms. Try Ground News today and get 40% off your subscription by going to https://ground.news/tldr
In an attempt to disrupt the Dollar’s financial dominance, China is internationalising the Yuan to encourage more countries to use it in transactions, and while they have previously struggled, recent data suggest that the tide might be beginning to turn.
đź“° Too Long: https://toolong.news/
đź’ˇ Got a Topic Suggestion? – https://forms.gle/mahEFmsW1yGTNEYXA
Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
0:00 Intro
1:00 Why the Yuan Wasn’t Popular
2:30 China 1st Attempt to “Internationalise” the Yuan
4:39 Why it Didn’t Work
5:18 Why it’s Suddenly Become More Popular
////////////////////
China overtakes US in global trade
https://www.bbc.co.uk/news/business-25678415
China Us treasury holdings
https://www.ft.com/content/73aef243-0518-42b5-b732-2e64ace3994c
Internationalisation of renminbi
https://www.federalreserve.gov/econres/notes/feds-notes/internationalization-of-the-chinese-renminbi-progress-and-outlook-20240830.html
https://en.wikipedia.org/wiki/Internationalization_of_the_renminbi
https://en.wikipedia.org/wiki/Reserve_currency
https://www.ft.com/content/4577100f-8b71-4647-8e7e-fead115d9552
https://thediplomat.com/2025/07/chinas-accelerating-efforts-to-internationalize-the-renminbi/
https://www.youtube.com/watch?v=SFgLp4f23lM&t=1931s (seminar)
https://www.economist.com/china/2025/09/10/china-is-ditching-the-dollar-fast
