RMB replacing USD is a trend

But this process is long and winding. Currently, it’s only replacing settlement ratios in a small subset of niche circles. The US dollar’s dominance lies in global investment business settlements, and compared to that, the gap between the renminbi and the US dollar is still 80–100 times.

This information leads to different investment decisions. It’s like knowing a house’s price will drop — a decline over three years versus thirty years results in entirely different decisions.