The Chinese yuan has just surpassed the US dollar in global payments by 2.5%, marking a historic shift in the global financial landscape. As China’s economy grows and alliances within the BRICS bloc strengthen, the yuan’s dominance in international trade is becoming increasingly undeniable.
Watch this video to explore the key factors behind this transformation, Russia’s role, and how this change may reshape global economic power dynamics. Will this lead to the rise of Chinese capitalism?