Brics China Wants To Weaken The Us Dollar White House Says

Last updated: June 9, 2025, 10:33

Brics China Wants To Weaken The Us Dollar White House Says

BRICS Currency Could End Dollar Dominance - Foreign

China wants weaker US dollar as reserve currency, says Biden

Why the US cannot afford to lose dollar dominance

Stephen Miran

Stephen Miran, who leads the White House Council of Economic Advisers, says the global demand for dollars has created “undue burdens on our firms and workers

For a BRICS currency to work, China would need to provide massive amounts of yuan as a global “liquidity spigot,” similar to how the U.S. provides and supports

White House economist Jared Bernstein disclosed in Congress that there is some evidence that “China wants the U.S. dollar to lose its position” as the world’s reserve

BRICS: China Wants to Weaken the US Dollar, White House Says

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There was some evidence that

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There was some evidence that China wants the dollar to weaken as the international reserve currency, said a White House nominee for a top economist position on

In a statement issued today

In a statement issued today, White House economist, Jared Bernstein says there is “some evidence” that China wants to weaken the US dollar. Moreover, Bernstein

De-Dollarization: BRICS Currency Would Pose a Threat

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