Rising Eastern Empire: The Eurasian Union - Standart News

http://www.standartnews.com/english/read/rising_eastern_empire_the_eurasian_union-5833.html

Groups such as BRICS and the Shanghai Cooperation Organization have stated, publicly, that they exist to throw off the monopoly of the West.  Russia and China are vying for a new, global reserve currency to rival and replace the US Dollar.

UK Bonds Sold In China's Currency

http://www.thenewamerican.com/economy/item/19321-u-k-sells-bonds-in-china-s-currency-adding-pressure-on-dollar

There is an aggressive effort in play to replace the US Dollar as the global reserve currency.  This is an indication of the progress the Yuan is making in becoming that preferred currency.