China & Russia: The Anti-Dollar Alliance Gains Momentum

Strategic Shift: China and Russia are pushing back by conducting bilateral trade in local currencies (yuan & ruble), reducing reliance on the U.S. dollar.

De-Dollarization Rising: More countries—especially in Africa and emerging markets—are joining the move to minimize dollar dependency.

A New Financial Era? Alternative financial systems are being developed outside the West’s influence, with China-Russia leading the charge.

Global Impact: Kremlin advisor Glazyev notes that excessive sanctions have only accelerated the shift away from the dollar.

What It Means: The U.S. dollar's dominance is under pressure, raising concerns in the West about sanctions losing their bite and influence waning.
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