It’s misguided to focus on China’s renminbi replacing the U.S. dollar. Beijing is already successfully reducing dependence on a dollar-centric global system.
If you think China needs to dethrone U.S. dollar, you don't understand how it is waging global currency war
It's misguided to focus on China's renminbi replacing the U.S. dollar. Beijing is already successfully reducing dependence on a dollar-centric global system.
This article was originally published by
CNBC Top News
and is republished here under license.
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