Government advisor says time is right to promote RMB internationalization
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
A top academic advisor to the government is urging Beijing to capitalize on declining global confidence in the US dollar to enhance the yuan’s international appeal.
Liu Shangxi, former head of the Chinese Academy of Fiscal Sciences (read our profile of Liu here), writes:
“The yuan cannot replace th...