Digital Renminbi as a part of the Belt and Road Initiative

The U.S. Dollar has been the dominant international trade currency for the past few decades. This is owing to the strength of U.S. institutions, robust capital markets with highliquidity and positive regulatory records.

With hindsight, it seems that the position of the USD as the global currency is unshakeable. However, a section of the Belt and Road Initiative (BRI) does present a considerable challenge to the monetary hegemony of the USD.

Get 30% off with our ads free Premium Plan

Monthly Plan


Annual Plan


Billed as RM103.60/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Columnists

Unity govt adopting bold measures to protect bumiputra community, says Ahmad Shabery
Riding the wave of a new blue horizon for ED
Of captivating sights and ugly tourists
New centre of power in Sabah?
Thai stint a transit stop in Cheng Hoe’s footballing voyage
An encouragement to become savvy consumers
No nonsense
The past returns to bite current leaders
Where are the local companies in helping our athletes?
Making Kota Kinabalu better

Others Also Read