As de-dollarisation trends persist, can the yuan take the euro’s place?

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Source: South China Morning Post
Published: 2026-06-11 08:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, Europe, Economy & Finance, China, World News, Business & Economy, Asia Pacific
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Snippet:
The US dollar is still dominant, but a slump in Europe may see China’s currency gain strength and reach the No 2 spot in global settlements
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