A bold step threatening the throne of #dollar.. and #China entering strongly to break the game
Has #America finally lost control? And what is the fate of the dollar if China succeeds?
China is not staying silent... it is planning to strike America at the heart of its financial control over the world
⚡ It started with the digital yuan
⚡ and is replacing the American "SWIFT" system with the Chinese "CIPS"
⚡Transfers are 7 seconds faster and 98% cheaper than the cost of "SWIFT"
⚡It linked the system to the "Belt and Road" and attracted Asian and Arab countries, with Egypt entering strongly!
The "CIPS" system has started to crawl into the global financial market, and global banks like HSBC and Standard Chartered have begun to join
And the goal? Breaking the dominance of the dollar which controls 60% of currency reserves and 90% of bank transfers!
China is playing a long game... and is building an alternative financial network to free the world from the grip of the US dollar
Is the world heading towards an era of "the end of the dollar"?
Or will America respond forcefully?
What’s coming will be a new kind of cold war... but with bank accounts
