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>>Nowhere did I read that it was already a reserve currency or becoming one next month. That's not equivalent to saying: Yuan may become a "world go-to currenc
by tmptmp 10y ago
>>Nowhere did I read that it was already a reserve currency or becoming one next month.
That's not equivalent to saying: Yuan may become a "world go-to currency" if China manages to remove many communist-style controls from it and demonstrates their intent to make it free-to-trade by allowing Yuan free-to-trade for a continuous period of 50 years at the least.
The article doesn't say this with such a detailed clarification and required qualifications to claims. Hence it seems like a propaganda coming from a communist dictatorship rather than a well researched article.