Why China is steering clear of the US’ ‘exorbitant privilege’ model
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Source: South China Morning Post
Published: 2026-09-11 11:30 UTC+10:00
Section: Hong Kong
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, China, World News, Asia Pacific
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Snippet:
Beijing is decoupling the internationalisation of the yuan as a transactional currency from the role of an unconstrained global reserve store of value
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