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Benzinga
Benzinga
Business
Vishaal Sanjay

Dollar Supremacy Under Threat Despite A Slowing China? 'Absolutely,' Says This Economist — Beijing Is The Largest Trading Partner For Half The World And They've 'Arrived'

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Despite the economic downturn in China, former IMF Chief Economist Kenneth Rogoff believes the country's push to undermine the U.S. dollar's global dominance remains firmly on track.

What Happened: On Wednesday, Rogoff replied “absolutely” when asked about China gaining traction in challenging the dollar’s supremacy, despite a slowing domestic economy, while speaking on The Call, a podcast by the U.S. Chamber of Commerce.

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