On March 29, 2015, in the Boao Forum Session 34 LI Daokui (Mansfield Freeman Professor of Economics & Director, Center of China in the World Economy, Tsinghua University) predicted that in this year, the year of 2015, we will probably reach the peak of US dollar.

He stated the status of the US dollar in the world market is to decline soon. The loss of allies and the rise of other economies are the primary causes of the decline of the US dollar. He also stated that the US has a moral obligation to the world as well. The previous financial crisis originated from the US and now that the US economy is stable, from a moral and economic point of view, the US needs to understand the responsibility and significance that the US plays in terms of the world’s economy.