Cross-border Settlement of Digital RMB: Get Rid of Worries and Advance According to Your Own Strategy

Previously, there were concerns about promoting cross-border digital RMB settlement, worrying that the Americans might not be happy, which could affect bilateral relations and trade. As a result, business was still conducted within the USD transaction framework, paying seigniorage to the Americans. Now it's different; without such concerns, we can fully promote the digital RMB trading system. We are the world's largest industrial manufacturing powerhouse, and also the largest trading country in the world. We are the biggest trading partner of more than 130 countries. With these as support, the promotion of the digital RMB trading system will naturally succeed. The Chinese way of struggle has always been, you fight your way, I fight mine. We will flexibly choose the battlefield according to our strategy, not following the rhythm of the Americans.

Original article: https://www.toutiao.com/article/1829059331045388/

Disclaimer: This article solely represents the author's个人观点.