You showed us the facts. It is not questionable RMB global trading volume increased particular in last 2 years. But can your analysis tells us who are the key RMB trading partners (countries) and what are the key trading goods.
美元和人民幣都有離岸和在岸的區別, 這和 money supply 有關...國際化, 是離岸美元和離岸人民幣...那些 backed by 美元的貨幣 (HKD$, yen, etc) 只不過是美元衍生品 ....Money supply = money stock X money velocity, if money is being hold as asset, that means money not circulating, which leads to liquidity problems
Thanks again for this very educational information. So according to this graph provided by Ray Dalio, isn't the key leading factor belongs to the rise & fall of education? If so, any idea how did Ray measured and compared the performance of education globally?
Since Feb. 2022 large spike in the RMB settlement is trade with Russia. One need to look deeper into the data to find the cause. Also there is another big problem with trading with Russia is China has a surplus trades with Russia and China is getting back Russian ruble.
Thank you for your analysis. The US imposes trade tariffs on China, and then China uses currency diversification on the US. People should not worry about the RMB becoming a global currency until China allows free trade on the RMB.
假如Russia 是唯一令人民幣國際化的原因,那麼又如何解釋 SWIFT 公布的數字,很明顯在 SWIFT 的系統中,用人民幣作單位的交易,在過去兩年很明顯上升,已經超越日元,Russia 在入侵 Ukraine 之後,已經被踢出 SWIFT system,由此可見,除了 Russia 之外,其他國家使用人民幣有明顯增加。
I would think a more interesting topic for this would be 用人民幣一方面有強大嘅生產力,但係用美元有Rule of law同良好嘅國際營商環境。 US Sanction 係破壞緊營商環境,另一方面生產線撤出中國亦都減弱緊中國自身嘅生產力。 不過假如有study過美元取締英鎊,個trend 都係一段好長嘅時間。