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(Bloomberg Opinion) -- There’s just no getting past the supremacy of the dollar, much as skeptics of American influence wish for it or lonely yen bulls cry for relief. The greenback has been frequently tipped to retreat, only for it to blow away everything in front of it. This resilience might not last, but as long as it does, it reminds a world once in thrall to China’s ascent that the US is the essential economic force. Just ask all the central bankers quizzed as much, if not more, about...

BOAO, China (Reuters) -- China's central bank will continue to promote currency swaps and strengthen monetary cooperation with Asian economies to maintain regional financial stability, the bank's governor said on Wednesday.Bilateral currency swaps can facilitate trade and investment and are a useful addition to the global financial safety net, Gov. Pan Gongsheng told the annual gathering of the Boao Forum for Asia."Bilateral currency swaps can provide emergency liquidity support in times of turmoil in international financial markets and banking crises in some countries," he said.The central bank has signed bilateral local...