The former governor argued that because people have become used to getting paid in dollars, it will be difficult for them to suddenly shift to an alternative. USD reserve
Former Chinese Central Bank Governor: US Dollar Will Remain Global Reserve Currency, Says It 'Has Great Inertia'
For example, if we rely too much on the dollar system to impose financial sanctions, of course, if you impose sanctions, people will hide from you, and your role in payment and reserves will inevitably decline.
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