I’m Chris Anstey, an economics editor in Boston, and today we’re looking at China’s enduring commitment to using the dollar. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.
Just weeks after China’s President Xi Jinping signed off on a BRICS communique that included a call for reducing use of the dollar, his finance ministry was marketing sovereign bonds denominated in — wait for it — US dollars.