CGTN published this video item, entitled “George Yeo: U.S. dollar hegemony pushes the world to find an alternative” – below is their description.
For more:
In an interview with CGTN anchor Xu Qinduo, former Singaporean Foreign Minister George Yeo said the U.S. has built military bases around the world in the name of “security,” and with the hegemonic position of the U.S. dollar, it is taxing the world by printing more money. Mr. Yeo says countries are waking up and starting to look for alternatives, and the topic of de-dollarization has been the hot topic at several social gatherings Mr. Yeo has attended. The U.S.’s own hegemonic behavior has accelerated this trend of de-dollarization, and countries worldwide are eager to find an alternative to reduce their dependence on the dollar.
CGTN YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
