China and Egypt are accelerating their search for alternatives to the dollar!

As US trade policies weaken the dollar, Chinese Premier Li Qiang's meetings in Egypt draw attention. The agreements signed between the Central Bank of Egypt and the People's Bank of China are speeding up the process of dollarization.

These agreements aim to promote payment systems with local currencies and increase financial cooperation. The use of new financial instruments like Panda bonds is also on the agenda.

As the dominance of the dollar is questioned, the role of BRICS countries and Europe in this process is of great importance. The weakening of the dollar increases interest in alternative currencies.

This new cooperation between Egypt and China encompasses partnerships not only in finance but also in areas such as environment, health, and e-commerce.