Chinas De-Dollarization Push Meets Washingtons Defense of the Dollar

Thinking About ChinaOpinionChina is trying multiple ways to undermine the dollar to gain financial supremacy.U.S. dollar bills in Washington on Nov. 13, 2025. Madalina Kilroy/The Epoch TimesJames Gorrie3/9/2026|Updated: 3/9/20260:00CommentaryFor decades, the U.S. dollar has been the foundation of the global financial system. It dominates trade settlement, anchors central-bank reserves, and underpins international financial networks such as SWIFT. That status has given Washington enormous economic and geopolitical leverage.