China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar.
Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions ...
bne IntelliNews on MSN
Xi calls for renminbi to become a global reserve currency
By Ben Aris in Berlin President Xi Jinping issued his strongest call yet for China’s renminbi to become a global reserve ...
China’s President Xi Jinping has called for the renminbi to achieve global reserve currency status, “a powerful currency” ...
Xi Jinping pushes renminbi as a global trade and reserve currency; learn what reforms, market shifts and risks mean for ...
Cryptopolitan on MSN
Xi outlines push for stronger yuan as Beijing eyes global reserve role
Xi Jinping said China wants the yuan to become a global reserve currency used in trade, investment, and official reserves.
As trade denominated in yuan continues to rise at a phenomenal rate, its significance to global markets is quickly increasing. But even as the IMF considers adding renminbi to the basket of SDR ...
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