If you think China needs to dethrone U.S. dollar, you don't understand how it is waging global currency war — Live Feedhttps://www.live-feeds.com/feed/if-you-think-china-needs-to-dethrone-u-s-dollar-you-don-t-understand-how-it-is-waging-global-currency-warContinuously updated, source-cited coverage. China Focuses on Reducing Dollar Dependence Over Full Replacementhttps://www.live-feeds.com/feed/if-you-think-china-needs-to-dethrone-u-s-dollar-you-don-t-understand-how-it-is-waging-global-currency-warhttps://www.live-feeds.com/feed/if-you-think-china-needs-to-dethrone-u-s-dollar-you-don-t-understand-how-it-is-waging-global-currency-war#u24388Sat, 04 Jul 2026 12:21:48 +0000Beijing is building financial infrastructure to decrease reliance on a dollar-centric global system. This strategy aims to limit U.S. financial leverage and increase China's strategic freedom. The focus is on creating alternatives to American financial power rather than simply replacing the dollar.What's confirmed:China is building financial infrastructure to reduce dependence on a dollar-centric system.Beijing is taking steps to reduce its exposure to U.S. financial leverage.Still unconfirmed:Iran uses China's currency to weaken U.S. power.