reserve currency

The Renminbi: The Political Economy of a Currency

At Foreign Policy, Arthur Kroeber embarks on an epic overview of political issues surrounding the yuan, from controversial exchange rates to its questionable future as an international reserve currency. He dismisses the popular...

China Official Media: U.S. Woes Threaten Global Recovery

Reuters reports the chorus of disapproval at the state of Western nations’ finances from Chinese state media including the People’s Daily and Xinhua: “It must be understood that if the U.S., Europe and other...

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