S3E30 De-Dollarization in Asia: How ASEAN and China Are Changing Global Trade #dedollarisation
Why Are ASEAN Nations Turning Away from the US Dollar? | Emerging World Order 2025**Description:**In this episode of *Emerging World Order 2025*, host Prateek explores the rising trend of de-dollarization among ASEAN countries. Learn why nations like Indonesia and China are now trading in local currencies and what this means for the future of the global financial system.We dive into the economic metrics of ASEAN, the history of US dollar dominance in the region, regional cooperation through RCEP and digital payment systems, and the strategic China-Indonesia trade agreement signed at the 46th ASEAN Summit. Plus, we examine the geopolitical backdrop, including the presence of US military bases in Southeast Asia.Whether you're a student of geopolitics, a global investor, or just curious about the changing tides of international trade, this episode offers deep insights into one of the most important economic shifts of our time.🔔 Don’t forget to like, subscribe, and hit the bell icon to stay updated on global economic trends.**Follow Me:**X: [@emergingorder](https://x.com/emergingorder)TikTok: [@emergingworldorder2025](https://www.tiktok.com/@emergingworldorder2025)Rumble: [@emergingworldorder2025](https://rumble.com/user/emergingworldorder2025)Spotify: [@emergingworldorder2025](https://open.spotify.com/user/emergingworldorder2025)YouTube: [@emergingworldorder2025](https://www.youtube.com/@emergingworldorder2025)#brics2025 #asean #dedollarization #geopolitics #usdollar #chinatrade #indonesiaeconomy #emergingmarkets #globaleconomy #financialindependence #aseansummit #brics #bricscurrency