this post was submitted on 24 Jul 2023
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Yuan exceeds dollar in China's bilateral trade for first time (asia.nikkei.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 4 points 1 year ago (1 children)

China is on the edge of a major economic decline.

People have been saying this for over a decade. It hasn't happened. Heck, Gordon Chang's entire career is based off writing a "China is about to collapse" book every couple years. If anything, their economic position has continued to strengthen.