>but why would any country do that? China's economic and financial data reporting seems to be spotty at best. If yuan is good enough for china then it's good e

>but why would any country do that? China's economic and financial data reporting seems to be spotty at best. If yuan is good enough for china then it's good enough for other countries with lower GDP than china. China is where mega GDP numbers are happening, it's much better to use the currency of place where services/products are actually being produced rather than places where money is coming out of thin air with clever financial engineering.