Myanmar Dumps the US Dollar for China’s Yuan

Myanmar has dumped the US Dollar for Chinese Yuan in border trade with its neighbor to the north. This is not only an essential step to help save Myanmar from a campaign of US-sponsored regime change which includes economic sanctions – but helps set a precedent for other nations to follow suit when threatened by US coercion.

It also serves as a way of bolstering China’s Yuan vs. the still dominant US dollar.

References:

Global Times – Myanmar accepts yuan as official settlement currency for border trade with China:
https://www.globaltimes.cn/page/20211…

Myanmar Now – Kayan Township hit by wave of resignations, as junta struggles to retain control:
https://myanmar-now.org/en/news/kayan…

Columbia Journalism Review – Myanmar’s Other Reporters (Myanmar Now’s US government funding via the National Endowment for Democracy):
https://www.cjr.org/special_report/my…

Harvard University’s Atlas of Economic Complexity – Myanmar Exports 2019 (by partner):
https://atlas.cid.harvard.edu/explore…