{"id":44416,"date":"2026-02-02T05:01:43","date_gmt":"2026-02-02T05:01:43","guid":{"rendered":"https:\/\/agooka.com\/news\/world\/xi-jinping-called-for-the-yuan-to-become-one-of-the-main-global-reserve-currencies\/"},"modified":"2026-02-02T05:01:43","modified_gmt":"2026-02-02T05:01:43","slug":"xi-jinping-called-for-the-yuan-to-become-one-of-the-main-global-reserve-currencies","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/world\/xi-jinping-called-for-the-yuan-to-become-one-of-the-main-global-reserve-currencies\/","title":{"rendered":"Xi Jinping called for the yuan to become one of the main global reserve currencies"},"content":{"rendered":"

Chinese leader Xi Jinping has called for the yuan to achieve global reserve currency status. Beijing aims to create a "powerful currency" for international trade and investment.<\/p>\n

\"Xi<\/p>\n

Chinese leader Xi Jinping has called for the Chinese yuan to achieve the status of a global reserve currency. This was reported by the Financial Times, according to UNN.<\/p>\n

Details<\/h2>\n

It is noted that Beijing has long sought to internationalize the yuan, but such comments are the clearest definition of Xi's goal – to create a "strong currency" and a broader financial foundation that Beijing will need to build to support it. According to him, China must create a "powerful currency" that is widely used in international trade, investment, and foreign exchange markets, and also gain reserve currency status.<\/p>\n

\n

Beijing wants the yuan to become a serious global currency – not necessarily to replace the dollar overnight, but to become a strategic counterweight that limits US influence in a fractured global financial order.<\/p>\n

– said China expert at The Asia Group, Han Sheng Lin.<\/p><\/blockquote>\n

The publication indicates that Xi's call reflects Beijing's long-term strategy to strengthen its influence in the global economy, especially against the backdrop of signs of a weakening US dollar and a change in leadership at the Federal Reserve, which is prompting other central banks to review their currency portfolios and the risks associated with dollar assets.<\/p>\n

For reference<\/h2>\n

According to the IMF, as of the third quarter of 2025, the dollar's share in global reserves was about 57%, compared to 71% in 2000, and the euro's share was approximately 20%.<\/p>\n

Recall<\/h2>\n

Recently, Donald Trump called the dollar's fall a "great" result for American business and exports. After his statements, the dollar index fell by 1.2%, reaching its lowest level since February 2022.<\/p>\n

China's largest bank starts blocking yuan transfers on suspicion of payment link to russia – media15.11.24, 13:37 \u2022 18873 views<\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese leader Xi Jinping has called for the yuan to achieve global reserve currency status. Beijing aims to create a "powerful currency" for international trade and investment. Chinese leader Xi Jinping has called for the Chinese yuan to achieve the status of a global reserve currency. This was reported by the Financial Times, according to […]<\/p>\n","protected":false},"author":1,"featured_media":44417,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":{"0":"post-44416","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/44416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=44416"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/44416\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/44417"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=44416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=44416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=44416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}