The unit of international settlement is USD. Everyone speaks in dollars, buys and sells in dollars, and everyone has dollars in their hands. Therefore, the surplus people naturally choose dollar assets for investment.
2. Conditions for RMB internationalization
1) International confidence and credit of RMB.
2) The sustainable development of China's economy.
3. Requirements for RMB internationalization
1) freely convertible
2) The consumption power continues to increase, and imports increase, which means becoming a buyer.
3) The country has sufficient strength, including military strength.
4. Difficulties and countermeasures of internationalization.
The United States will not allow this. The United States has two kinds of weapons, one is nuclear weapons, and the other is more powerful than nuclear weapons, and that is the dollar. The countermeasure is to wait until China's strength is equal to that of the United States, and before that, promote the free convertibility of RMB, and use RMB as an international pricing unit and an international settlement tool.
5. Significance
"Our currency, their problem", this sentence turned out to be "the dollar is our currency, but it is the problem of the world", which goes without saying.
Look at it, okay?