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Yogthos
Yogthos
@yogthos@social.marxist.network  ·  activity timestamp 2 weeks ago

China proposes an "ElectroYuan" strategy: using its green tech dominance (solar, EVs) to make the yuan the world's primary currency for financing the energy transition. This offers the Global South cheaper loans and technology, but risks creating new dependencies and intensifying geopolitical competition with the West.

https://afripoli.org/the-petrodollar-vs-the-electroyuan

#china #technology #cleanenergy

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