Xinhua Headlines: How U.S. dollar's hegemony creates global chaos

BEIJING, April 4 (Xinhua) -- The world is holding its breath for a simmering bank crisis in the United States triggered by the spectacular collapse of Silicon Valley Bank and Signature Bank.

Across the Atlantic, the repercussions are reverberating. As European banks, including Switzerland's Credit Suisse, edge closer to a similar crisis, concerns are growing that the regional crisis could become systemic.