Thinking About ChinaOpinionThe era of U.S. ’strategic ambiguity’ toward China is over as the Trump administration targets adversarial regimes’ financial centers.Chinese 100 yuan notes and U.S. 100 dollar notes in Beijing on April 8, 2025. Jade Gao/AFP via Getty ImagesJames Gorrie4/23/2026|Updated: 4/23/20260:00CommentaryFor decades, the Chinese Communist Party (CCP) operated under the delusion that it could weaponize the global dollar-based system to fund its own rise while simultaneously building the tools to dismantle it.
Operation Economic Fury Targets the CCPs Financial Heartbeat
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