The Sirius Report
Private Post
Get access to all contentUnlock private posts and exclusive community discussions.Sign up
The Sirius Report
Through 20 years of diligent research I have gained a unique insight and understanding of the ongoing geopolitical shift towards a multipolar world. I have extensive knowledge of Eurasia, South America, Africa and the U.S.. I am able to assess geopolitical events and provide a very clear understanding of what those developments mean in the context of the vast global changes now unfolding.
1.1kPosts
620Comments
845Likes
Joined on 23rd October 2025
ASEAN De-dollarisation Briefing
Week ending 16 October 2026 | Reporting period: 10–16 October 2026
Executive Summary
The most important developments this week concern China's expanding financial relationship with ASEAN, newly released renminbi settlement statistics, and the continuing development of regional payment infrastructure.
On 14 October, China released two important sets of official statistics. The first showed that China–ASEAN merchandise trade reached RMB6.84 trillion during January–September 2026, an increase of 22.7% year-on-year. The second showed that China's worldwide cross-border RMB settlement reached RMB15.23 trillion for current-account transactions and RMB6.11 trillion for direct investment during the same period.
These are different statistical populations. The trade figure concerns China and ASEAN, whereas the settlement figures cover China's transactions with the entire world. They cannot be combined to calculate ASEAN's renminbi settlement share. An additional findi