Dr Frans Cronje Discusses The Chinese Attempt To Change The Global Reserve Currency From The Dollar

In this clip from Makin Sense Episode 16, Dr Frans Cronje discusses China's strategy to challenge the status of the US dollar as the global reserve currency and what the implications for the US would be if China succeeded in dethroning the dollar. He also explains how China has withstood US sanctions pressures to increase goods exports through the year and rack up a record goods trade surplus. He then goes on to discuss other Chinese economic developments and their importance. Makin Sense is the flagship podcast of The Common Sense, a new South African media organisation that offers independent analysis on South African and global news stories. Our foundational value is respect for the time our subscribers invest in reading, listening to, and watching our content. We stress the bridge issues that unite people and not the wedge issues that are used to divide and celebrate all the things that are good about South Africa and the world because it is in so many respects a wonderful time to be alive.