Scare headline are right up your alley .. the US and Japan have direct convertibility with the yuan .. if you were an Australian businessman you would applaud the move as it simply cuts trade costs .. it certainly does not have anything to do with threatening the US dollar as the world reserve currency .. LOL .. just recently China has said the $US will be the top world currency for decades to come .. long after we all have gone to nothing land .. ooops, you are already there in many ways .. lmao!