China and Russia are attacking the dollar, but they are not undermining it

China and Russia are attacking the dollar, but they are not undermining it

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The two major autocratic countries, China and Russia, as a response to the financial sanctions that followed the aggression of Ukraine, and to those that could arise in the future in case of new crises, they want to promote the international use of their coins. In this way they try to reduce the weight of a major weapon of their adversaries, the dollar, a weapon in the hands of the dominant power of the United States, as well as to reduce the weight of minor weapons linked to the major one, such as the euro.

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