Source: China – South China Morning PostUS Federal Reserve chair Jerome Powell said the Ukraine war could have the effect of accelerating China’s moves to develop alternatives to the current US dollar-dominated international payments infrastructure.Powell was questioned on Thursday in a US Senate Banking Committee hearing on how China might view the US-led efforts to isolate Russia’s economy, especially by damaging its ability to use the US dollar.Senator Jack Reed, a senior Democrat who has focused on China’s rise as a global power,…Read More