China's Triumph: Australia Switches to Yuan and Joins BRICS? The decision of Australia to abandon the US dollar in favor of the Chinese yuan and officially join BRICS marks a major geopolitical and economic shift. For Australia, it opens new opportunities for trade and investment within the rapidly growing BRICS bloc, but also raises questions about its long-standing alliances with the United States and Europe. https://www.youtube.com/watch?v=xIDsF-iSoTw