USD vs Yuan LIVE: How China's Yuan is Taking on the US Dollar | Trump vs Xi Jinping | Palki Sharma

Trump's oil sanctions have rattled global markets — but they've also accelerated China's push to dethrone the U.S. dollar. From currency swaps with Japan and South Korea to offering cheaper loans in yuan, Beijing is making strategic moves. Countries like Ethiopia, Kenya, Sri Lanka, Hungary, and Kazakhstan are switching to yuan-based debt. The Chinese currency now powers 8.5% of global transactions, closing in on the British pound. Is this the start of a multipolar currency system? And what does it mean for the future of U.S. financial dominance? --- China | US Dollar | Yuan | Yuan vs US Dollar | Firstpost | World News | News Live | Vantage | Palki Sharma | News #usdollar #china #yuan #firstpost #vantageonfirstpost #palkisharma #worldnews Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens. The show is anchored by Palki Sharma, Managing Editor, Firstpost. By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas. Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms. ​ Subscribe to Firstpost channel and press the bell icon to get notified when we go live.    / @firstpost   Follow Firstpost on Instagram:   / firstpost   Follow Firstpost on Facebook:   / firstpostin   Follow Firstpost on Twitter:   / firstpost   Follow Firstpost on WhatsApp: https://www.whatsapp.com/channel/0029...