It is time for China to take the first step forward to attain what it suppose to achieve and the world 1st economy. US altitude has change to a radical, demanding and forceful ways since Trump administration and Biden has make it even more unacceptable to the world.

With the RECEP coming into effect in 2020 and soon TPTPP, China should come up with a new trading commerce in Rénmínbì instead of adopting USD. Some may still chose USD but making it a bonus in trading Rénmínbì will have a greater benefit will definitely give the member countries that USD cannot provide. Simply allowing US to just print USD as and when they like is not right just because you are 1st world status.

US has gone over the limits and the edge by demanding what and which country can and cannot do is just like a tyrant. They use sanction as a gadget to control the world and this should stop and by not adopting it will face the same faith as that country and their export to US will face the same difficulties. Every countries should not accept their recommendation of a sanction even if UN agree to it. As for UN security council to vote, every countries should vote sanction and support the freedom of trade and commerce. 

Attaining the 1st world status for China is the way to go.

Go China, go and achieve that dream.