China

The dollar’s hegemony over the global financial system can’t last forever. Like all things, it will eventually come to an end.

The only question left, as MacroVoices' Erik Townsend puts it, is whether we’re in the second inning and there’s going to be another hundred years of the dollar serving as the world’s global reserve currency? Or whether we’re in the bottom of the ninth and it’s all about to fall apart? Or maybe somewhere in between.

Authored by Chris Hamilton via Econimica blog,

Authored by Valentin Schmid via The Epoch Times,

Seven was the line in the sand.

But the Chinese yuan never crossed that line vis-à-vis the U.S. dollar. It only crept up to 6.96 yuan per dollar on Dec. 16, 2016, before starting an impressive comeback, down to 6.5 in the middle of this year.

Last year was a bad one for the Chinese economy. Growth was slow, and the world was worried China would finally land the hard way, as many have been predicting for years.

Authored by Andrew Korybko via Oriental Review,

The last section of the new US National Security Strategy (NSS) describes the envisaged application of the Trump Doctrine in a regional context all across the world, and it’s worthwhile to examine what storylines will most likely be advanced by the policy document’s intrinsic infowar component. This analysis is divided according to the geographic categories contained in the NSS and proceeds along that order, after which a brief summary will be presented in highlighting the most discernable global trends.

Pakistan is considering replacing the U.S. dollar with the Chinese yuan for bilateral trade between Pakistan and China, Pakistan's Minister for Planning and Development Ahsan Iqbal said according to Dawn Online and The Economic Times. Interior Minister Iqbal, who has been central to the planning and implementation of China-Pakistan economic ties, was reported discussing the proposal after unveiling a long-term economic development cooperation plan for the two countries, Reuters added.