What is driving the De-Dollarization train to full speed?

What is driving the De-Dollarization train to full speed [CGTN]
What is driving the De-Dollarization train to full speed [CGTN]
CGTN | 13-Apr-2023

The U.S. dollar has dominated global trade and capital flows for nearly eight decades since the end of World War II. However, many nations are now looking for alternatives to the greenback to reduce their dependence on the U.S., raising questions over the currency’s future dominance. Faced with economic sanctions led by the U.S., Russia has since promoted alternative financial infrastructures. But it’s not just Moscow. Check out the video and please subscribe to the channel Continue reading “What is driving the De-Dollarization train to full speed?”

China’s e-commerce industry targets small luxury European brands

China's e-commerce industry targets small luxury European brands [CGTN]
China’s e-commerce industry targets small luxury European brands [CGTN]
CGTN | 09-Apr-2023

Online shopping grew substantially during the pandemic but most of it was for local supplies. China is by far the world’s largest e-commerce market, with over 580 million active customers. Now, the industry is looking to Europe for new outlets for imports and exports.  Check out the video and subscribe to the channel for more China’s story! Continue reading “China’s e-commerce industry targets small luxury European brands”