Partial de-dollarization is possible, but China won’t dethrone the greenback even if it becomes the world’s largest economy
JPMorgan strategists said dollar dominance isn’t going away anytime soon, regardless of China’s growth. Partial de-dollarization in possible as China’s yuan becomes a bigger part of global commerce. De-dollarization can stem from sliding faith in the dollar, or developments that enhance the credibility of other currencies. The world could […]