China Challenges US Dollar Hegemony

by Sabba

CHINA RUSSIA PUTIN

GLOBAL RESEARCH – Without a doubt, China is accelerating US decline across the globe. In April 2015, Larry Summers, former Secretary of Treasury under Bill Clinton, declared that the successful call made by the AIIB represented the most dreadful blow to the US hegemony. « Last month will be remembered as the time where US have lost their role as gatekeeper of the World Economic System », he said.

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