China’s Global Hegemony Strategy

China’s Yuan Strategy And The Shifting Global Monetary Order

On June 18th, the governor of the People’s Bank of China addressed the country’s currency initiative during the Lujiazui forum in Shanghai, outlining the plan to expand the C.N.Y. (Chinese Yuan)’s international usage. Governor Pan Gongsheng’s address also called for the development of a multi-polar global currency system, in which several currencies, not only the U.S. dollar, dominate the world economy.  As the government’s financial agency that…

China’s Global Hegemony Strategy

In China’s vision of the future, hegemony will be achieved not only through military bases and alliances, but also through control of norms and algorithms.