
About this episode
As Donald Trump tries to remake global trade, the dollar’s historic dominance in Asia is under pressure. After Taiwan’s currency saw the biggest surge against the dollar in almost 40 years in early May, some money managers are saying the spike signals the acceleration of a bigger trend of moving investments back home.
On today’s Big Take Asia Podcast, host Rebecca Choong Wilkins talks to Bloomberg’s Ruth Carson about what’s driving Asia’s shift away from the greenback and what a rewiring of global financial ties means for the region’s biggest economies.
Read more:
Asia’s $7.5 Trillion Bet on US Assets Is Suddenly Unravelling
Further listening:
Carry Trades, Explained
Could the Chinese Yuan Ever Replace the US Dollar?
Big Take DC: Stephen Miran on Market Woes and Currency
Watch, from Originals: Why the US Is Getting Downgraded
See omnystudio.com/listener for privacy information.
Get every episode summarized
Each time Big Take Asia publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Big Take Asia

Deadly Flooding in Nepal Highlights Asia’s Climate Vulnerability
Big Take Asia

How Two-Minute Microdramas Became a Billion-Dollar Industry
Big Take Asia

The Unexpected Rise of North Korea’s Economy
Big Take Asia

The Chinese AI Model Rattling Silicon Valley and Washington
Big Take Asia