If you think China needs to dethrone U.S. dollar, you don't understand how it is waging global currency war

It's misguided to focus on China's renminbi replacing the U.S. dollar. Beijing is already successfully reducing dependence on a dollar-centric global system.

# If you think China needs to dethrone U.S. dollar, you don't understand how it is waging global currency war It's misguided to focus on China's renminbi replacing the U.S. dollar. Beijing is already successfully reducing dependence on a dollar-centric global system. **Read the full article:** [CNBC](https://www.cnbc.com/2026/06/28/china-doesnt-need-to-de-throne-dollar-to-win-global-currency-war.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*