Opinion
The era of U.S. ’strategic ambiguity’ toward China is over as the Trump administration targets adversarial regimes’ financial centers.
Chinese 100 yuan notes and U.S. 100 dollar notes in Beijing on April 8, 2025. Jade Gao/AFP via Getty Images
Commentary
For decades, the Chinese Communist Party (CCP) operated under the delusion that it could weaponize the global dollar-based system to fund its own rise while simultaneously building the tools to dismantle it.
