Robert Greene

Jul 17, 2024 | jdsupra.com | Tom Feddo |Robert Greene

Treasury’s NPRM marks the next step in multi-year efforts by policymakers in the Biden Administration, Congress, and certain advocacy groups to have the U.S. government institute a novel “outbound investment” (i.e., U.S. person outbound capital flows) regime that restricts certain U.S. person transactions relating to China-based or Chinese person-affiliated entities involved with a subset of technologies that are considered critical to U.S. national security.

Jun 8, 2024 | carnegieendowment.org | Robert Greene

Increasingly intensifying U.S. economic sanctions targeting Russia’s financial system have deepened concerns in China over its extensive dollar asset holdings and the Chinese financial system’s reliance on dollars.

Dec 5, 2023 | carnegieendowment.org | Robert Greene |Adam Szubin |Sydney Maki

As the BRICS bloc grows to include Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE, this year could bring about greater renminbi use across emerging markets—thanks in part to the growth of renminbi financial channels across BRICS countries. And with Russia recently assuming the year-long BRICS chairmanship, policy initiatives across the bloc aimed at dedollarizing emerging markets appear likely to accelerate.