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A comment on Russian firms rush to open Chinese bank accounts. Parent comment
There is a decent argument for dollar hegemony hurting America [1]. China has no need to pursue reserve status for the yuan.
[1] https://www.wsj.com/amp/articles/how-the-reserve-dollar-harm...
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There is a decent argument for dollar hegemony hurting America [1]. China has no need to pursue reserve status for the yuan.
[1] https://www.wsj.com/amp/articles/how-the-reserve-dollar-harm...