Could China Use Ukraine War to Challenge US Dollar Hegemony?

Could China Use Ukraine War to Challenge US Dollar Hegemony?
A clerk counts stacks of Chinese yuan and U.S. dollars at a bank in Shanghai on July 22, 2005. China Photos/Getty Images
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Commentary

Russia’s war in Ukraine, as well as the West’s response so far, has been a gift to China.

Fan Yu
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
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