Deutsche Bank becomes first foreign yuan clearing bank in Europe
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Deutsche Bank becomes first foreign yuan clearing bank in Europe
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Re: Deutsche Bank becomes first foreign yuan clearing bank in Europe
#2It will be interesting to see how much of Thucydides Trap plays out in currency and trade as opposed to military conflict. I am hopeful that economic and financial warfare absorbs the brunt of the power struggle.
Re: Deutsche Bank becomes first foreign yuan clearing bank in Europe
#3[dead]
Re: Deutsche Bank becomes first foreign yuan clearing bank in Europe
#4It will be interesting to see how much of Thucydides Trap plays out in currency and trade as opposed to military conflict. I am hopeful that economic and financial warfare absorbs the brunt of the power struggle.
Can you elaborate a little? I suspect it is a well known concept, but its the first time I heard of it in this context.
Re: Deutsche Bank becomes first foreign yuan clearing bank in Europe
#5It will be interesting to see how much of Thucydides Trap plays out in currency and trade as opposed to military conflict. I am hopeful that economic and financial warfare absorbs the brunt of the power struggle.
Can you elaborate a little? I suspect it is a well known concept, but its the first time I heard of it in this context.
Rising power challenges the fading imperial hegemony. In this case, CNY displacing USD.
Re: Deutsche Bank becomes first foreign yuan clearing bank in Europe
#6It will be interesting to see how much of Thucydides Trap plays out in currency and trade as opposed to military conflict. I am hopeful that economic and financial warfare absorbs the brunt of the power struggle.
I, for one, would appreciate if we could just move on past these incessantly destructive power struggles as humanity.
Re: Deutsche Bank becomes first foreign yuan clearing bank in Europe
#7What does that mean?
Re: Deutsche Bank becomes first foreign yuan clearing bank in Europe
#8It will be interesting to see how much of Thucydides Trap plays out in currency and trade as opposed to military conflict. I am hopeful that economic and financial warfare absorbs the brunt of the power struggle.
Can you elaborate a little? I suspect it is a well known concept, but its the first time I heard of it in this context.
President Xi of China mentioned it when the US President visited him in May.
https://www.hks.harvard.edu/faculty-research/policy-topics/i...
Re: Deutsche Bank becomes first foreign yuan clearing bank in Europe
#9Earlier quoted context omitted.
Can you elaborate a little? I suspect it is a well known concept, but its the first time I heard of it in this context.
Rising power challenges the fading imperial hegemony. In this case, CNY displacing USD.
Is China still rising or already in decline?
Re: Deutsche Bank becomes first foreign yuan clearing bank in Europe
#10What does that mean?
It means the dollar is dying.