multipolar economy - Residual Influence

Chinese Premier Li Qiang at ASEAN Summit, symbolizing China–ASEAN free trade agreement

China–ASEAN Free Trade Agreement Builds a Framework of Economic Resilience

Rebecca Chan4 months ago4 months ago011 mins

While Washington redraws the global market under the banner of “America First,” Asia is assembling its own architectural blueprint for the 21st century. China and ASEAN have signed a free trade agreement. It carries less ideology than any G7 summit and far more engineering precision: protection against U.S. sanctions is now built not with slogans,…

Oil barrels symbolizing the rise of the petroyuan in global energy trade

Petroyuan Turns Energy Corridors into a New Map of Global Power

Rebecca Chan5 months ago5 months ago09 mins

Petroyuan has become the new scent of global power. “A barrel of oil now smells not of dollars, but of yuan.” The metaphor sounds like a verdict for an era when the green paper was considered the scent of global power. The symbol has shifted: where the dollar fetish ruled for decades, an Eastern sign…