The Future Beyond the Dollar Dominance - The Renminbi’s Global Ambition

Are we witnessing the slow erosion of dollar dominance?For decades, the US dollar has been the undisputed backbone of the international financial system. Yet growing geopolitical tensions, sanctions, and shifting patterns of trade have posed a question once considered unthinkable: can the world reduce its dependence on the dollar?In this episode, we explore China’s ambitious effort to internationalise the Renminbi, the realities behind the de-dollarisation debate, and whether the future monetary order will be defined by a single hegemon or a growing constellation of competing currencies.Ariel Cardozo Calatrava hosts Marc Moquette and Simon van Oortmerssen from the China Knowledge Network once again, to unpack this complex interplay between political soft power and geoeconomics.