‘Massive Capital Flight’ If China’s Yuan Floats Free: Gen. Spalding

Could there be a different motive behind China’s global currency ambitions? Experts suggest that China’s de-dollarization effort is defensive rather than offensive. Western sanctions are targeting Russia over its invasion of Ukraine. Those penalties have sparked fear in Beijing that similar measures could hit China if it takes action in Taiwan.

NTD talked to Gen. Robert Spalding, a retired U.S. Air Force brigadier general and author of “War Without Rules,” for insight.

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