And yes people have prematurely talked about the end of the dollar mostly for ideological reasons, but now the situation is very different. If you had told me a few years ago that over the course of weeks France will settle gas trades in the UAE in Yuan while Iran and Saudi Arabia restore relations brokered by China with Washington sidelined I would have looked at you funny. This time the world has changed. It's not gonna happen tomorrow or next year, but if the US continues to weaponize its economy to enforce its own politics on other countries, it's a matter of when and not if.
From my POV dollar is losing value nearly the same rate as the euro.
the strength of the dollar is exactly why people want to move away from it.
financing domestic purchases with a foreign currency is expensive.
Some Americans are worried about their strength in the world, some are concerned about the Uighurs.
https://redsails.org/the-xinjiang-atrocity-propaganda-blitz/
I don't know what's more incredible: that anyone actually bought the "genocide" allegations, or how quickly the media has forgotten about it and moved on to the next hot-button China issue, Taiwan.
Even the accusations of "destruction of culture" are incredibly fuzzy. I think most people who believe in the "genocide" accusation would be very surprised to learn that the Uyghur language is still extensively taught in schools in Xinjiang, and is, in fact, still the primary language of education for most Uyghur children. They might also be surprised to learn that some of China's most popular celebrities are Uyghurs, and that Uyghur culture is actually pretty popular in China.
The "genocide" accusation is simply made in bad faith. One could actually talk about real political repression in Xinjiang, but that would be much less shocking and sensationalist than making up false accusations of "genocide."
On the one hand, you have political repression of the sort that is common throughout the world, including in democracies like India (see Kashmir). On the other hand, you have the mass murder of millions of people. Somewhere in between, you have the sorts of bloody wars the US has engaged in throughout the Middle East, in which hundreds of thousands of people die.
What are your thoughts on China's treatment of the Uighurs?