BRICS Launches New Payment System in 185 Countries...Watch Out Dollar!

BRICS just launched a new payment system in 185 countries and behind it is the Chinese Renminbi. China is using its Cross Border Payment System to facilitate more international trade and in today's video we'll break down everything you need to know!

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???? Video Sources:
https://www.perplexity.ai/page/brics-launches-yuan-payment-sy-n5gW2O8yQcKH.dYpm593Rg
https://www.bloomberg.com/news/newsletters/2023-08-21/global-economy-latest-why-brics-nations-are-challenging-the-west
https://www.bloomberg.com/news/newsletters/2025-07-07/brics-is-getting-increasingly-harder-to-ignore
https://www.bloomberg.com/news/articles/2025-11-12/macron-has-floated-idea-of-a-g-7-invite-for-xi-jinping-next-year
https://www.ft.com/content/4577100f-8b71-4647-8e7e-fead115d9552
https://cryptodnes.bg/en/china-and-south-africa-launch-first-brics-loan-in-yuan/
https://www.chathamhouse.org/2025/11/kenyas-conversion-chinese-debt-renminbi-reflects-economic-pragmatism-more-strained-us-ties
https://jakartaglobe.id/business/indonesia-issues-first-yuandenominated-bonds-worth-842-million
https://www.reuters.com/world/asia-pacific/china-south-korea-sign-fx-swap-other-economic-agreements-seoul-says-2025-11-01/

00:00 - BRICS New Payment System
00:25 - Why BRICS is Growing
01:30 - Why China's Currency is Growing
02:42 - Why Developing Countries Chose China
03:20 - Why Africa is Chose China
03:55 - Why Asia is Working with China
05:18 - Why Indonesia Chose Chinese Debt
06:25 - Why the Chinese Renminbi is Growing
07:14 - BRICS First Chinese Currency Loan
07:55 - Why Korea is Using Chinese Currency
09:00 - Vizsla Copper Sponsorship
12:05 - Conclusion

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#brics #bricspay #china

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