China's currency ambitions face challenges amid Trump's potential return

China's goal of establishing a strong currency is being challenged by the potential re-election of Donald Trump.

President Xi Jinping wants the yuan to play a larger role in global trade, but experts warn that the currency could face downward pressure if Trump serves a second term.

Concerns about a renewed trade war are already impacting market sentiment, leading to increased bets against the yuan. Projections suggest that the currency could reach a 17-year low against the dollar by 2025, with some analysts predicting a decline of around 10%. This situation highlights the complexities of China's economic strategy in light of changing political dynamics in the United States.

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