So far, I am quite confident that the Chinese yuan will strengthen and gradually displace the dollar, especially in the Pacific region. Trade competition and even a trade war between China and the United States will only intensify. However, while the dollar will rule this world for a long time to come. This process will be lengthy and will occur with varying degrees of success.
Recently, Russia has been buying yuan, hoping to avoid international sanctions, and has already invested about $ 8 billion in the yuan. The situation here will constantly change.