China Advances De-Dollarization Agenda at SCO 2025 Summit: Geopolitical Tensions Rise

China is serious about the de-dollarization agenda and is discussing the prospects at The recent Shanghai Cooperation Organization (SCO) summit in 2025. Also Read: China Advances De-Dollarization Agenda At the SCO 2025 Summit. The summit has become a key battleground for global economic influence, with China pushing forward its ambition to reduce reliance on the US dollar.

The Shanghai Cooperation Organization (SCO) Summit 2025 was the scene of major geopolitical tensions. In a move that could redefine the dynamics of international finance, China is leaving no stone unturned and is advancing the de-dollarization agenda at the SCO 2025 summit. The Communist country is holding talks with member states about alternative financial mechanisms.

However, not everyone is on board. The recent Shanghai Cooperation Organization (SCO) Summit 2025 witnessed significant tensions arising from India\'s rejection of China\'s proposal to substitute the US dollar. India fears that China is using the SCO 2025 summit to advance its de-dollarization agenda and strengthen its economy. The Modi administration wants to avoid the yuan and maintain the use of other currencies.

The Shanghai Cooperation Organization (SCO) Summit 2025 highlighted a significant rift between India and China, with New Delhi opposing Beijing\'s push for de-dollarization. This resistance underscores the complex geopolitical landscape surrounding the effort to move away from the US dollar. While some believe BRICS’ de-dollarization initiative is bearing no fruit against the US dollar. In return, the US dollar is the one that’s hammering BRICS nations’ currencies in the forex market.

The success of China\'s de-dollarization push within the SCO framework remains uncertain, but the discussions at the 2025 summit signal a continued commitment to challenging the US dollar\'s dominance in international trade and finance.