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KEJI - China (Mainland) May Move To Limit Impact Of U.S. Financial Weapons
Global X China Disruption ETF
The internationalization of the RMB and its potential emergence as a major reserve currency are related but not equivalent.
To protect against the US freezing China's foreign-exchange reserves, Beijing could aggressively diversify its reserve holdings away from US dollar-denominated assets.
There are two major components of the US-led financial sanctions against Russia: removing Russian banks from SWIFT and freezing the Russian central bank's foreign-exchange reserves.