Thinking About ChinaOpinionWhat Is the Biggest Threat to the US Dollar?The president is proving to be Beijing’s most valuable assetSavePrintChinese 100 yuan notes and U.S. dollar notes in Beijing on Jan. 6, 2017. Fred Dufour/AFP via Getty ImagesJames Gorrie3/31/2022|Updated: 4/5/20220:00X 1CommentaryIn case you hadn’t noticed, we’ve entered a rather unstable period in the world.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentJames GorrieAuthorJames Gorrie is the author of the 2013 book “The China Crisis” and discusses current events and China on his YouTube Podcast, The Banana Republican. Author’s Selected ArticlesAmerica’s Battle Against China’s Vast Spy NetworkDec 19, 2025How Tariffs Could Boost the US Economy and Fix the Trade Imbalance With ChinaDec 04, 2025America’s Thanksgiving Holiday ... in China?Nov 26, 2025The China EffectNov 25, 2025Related TopicsChinaU.S. dollarbiden