Trump’s policies set to accelerate Rmb’s global rise: analysts

In the long run, as China’s currency is increasingly used abroad, it will be one of the few leading global currencies, however US strength will maintain the supremacy of the US dollar, according to analysts at a Sino-German roundtable.

Han Shih Toh

September 16, 2025

US president Donald Trump’s protectionist policies will hasten the rise of the international importance of the Renminbi, enabling the Chinese currency to be one of the major global currencies, according to expert speakers at a Sino-German Center virtual roundtable on September 2.

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