ENTITY Zongyuan Zoe Liu

Zongyuan Zoe Liu

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COMMENTARY · CL_334312 · Oct 31 · 22:15

China seeks strong secondary currency status for yuan, not dollar replacement

A top China scholar argues that Beijing does not aim for the renminbi to replace the U.S. dollar as the world's dominant currency. Instead, China seeks to establish the yuan as a strong secondary or tertiary option to p…