Chinese economists weigh in on possible measures to insulate China from Washington’s response to the implementation of a national security law in Hong Kong. Dethroning the US dollar’s global dominance is said to be a long-term project, so other mitigating measures must be explored to promote use of the yuan in the short term
China could just declare the number of tons of gold they have which is in the thousands and ask the US to show the world the gold plated tungsten they have and the USD would crash