thehonestpatriot.net Sen. Marco Rubio (R-FL), the vice chairman of the Senate Intelligence Committee, warned about China’s ambitions to establish the yuan as the world’s leading currency, potentially displacing the U.S. dollar.
Rubio emphasized that China has successfully circumvented U.S. sanctions imposed on Russia by utilizing a complex trade system that operates independently of Western banks.
In a recent op-ed for The Telegraph, a renowned British publication, Rubio underscored the profound implications of China’s growing influence on global financial systems. He warned that the United States’ ability to leverage economic sanctions as a means to punish other nations would be severely compromised by the prevalence of China’s yuan, which is already the dominant currency in Russia.
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