Since the outbreak of the Russian-Ukrainian conflict, the United States and Europe have been slaughtering Russia. Not only have they imposed energy sanctions on Russia, but they have also proposed the SWIFT system , which has led to Russia's very embarrassment in international trade settlement. However, the United States and Europe have policies, and Russia has countermeasures. Later, Putin and vigorously launched the "Ruble Settlement Order" to reduce the impact of US dollar settlement on Russia. Putin revealed to the outside world that in the future, Russia will no longer use US dollars in natural gas transactions with China, but will use RMB and rubles to settle, and this is the beginning of de-dollarization. Now, de-dollarization has ushered in new progress. The United States never expected that the game with Russia would allow China to win, and the hegemony of the dollar will eventually become a past tense!
With the growth of Sino-Russia trade, the demand for RMB in the Russian market is increasing, so Russia has become the third largest RMB payment market in the world. As time goes by, more RMB will flow into the Russian market. The reason why the RMB can become an international currency is ultimately inseparable from China's strong manufacturing industry's strength and high credibility. With these as guarantees, and with China's overtaking in various fields, China's international influence has achieved its current status. Now, the RMB has broken through the US dollar's position on the Moscow Exchange for the first time. It seems that the internationalization of the RMB should be vigorously promoted!
Once the internationalization process of RMB advances, when the US dollar market falls unilaterally, it can avoid a collapse, because at this time, the RMB comes out as a means of hedging , and people can buy US dollars by selling RMB. In fact, the ability of the RMB to surpass the US dollar is inseparable from the help of the two countries. First, the United States initiated economic sanctions on Russia . Russia successfully attracted the US's finger at China, and then endured the US's military pressure and extreme pressure. In this case, Russia could only de-dollarization and switch to other currencies; secondly, with India's addition, Russia and India jointly held high the banner of de-dollarization, adopted RMB settlement, and desperately fought a bloody path. With the help of these two countries, we took advantage of the conflict between the United States and and the EU to successfully make China win.
However, many people still think that China is too happy too early, and there is still a big gap between the RMB and the US dollar! This statement has some truth, but it also ignores the huge potential of the RMB. The United States successfully took over the throne of overlords by printing money and cutting leeks. China cannot do such an immoral transaction, but China has legitimate means to change the situation. This time, the RMB's surpassing against the US dollar shows that the dominance of the US dollar is no longer stable. Originally, the United States firmly controlled the whole world, but unexpectedly, a big hole was pierced by the ruble. Now the addition of the RMB has made this hole bigger and bigger, and the US hegemony may be set in the sun! The road to internationalization of the RMB is right now. Now there is a historical opportunity that has never been seen in a thousand years before us. We must seize the opportunity to pursue the victory and completely defeat the hegemony of the US dollar! (Leaf)
