RMB is a terrible candidate for a reserve currency. If you are concerned about the US meddling with their currency, you will not pick a historically manipulated

RMB is a terrible candidate for a reserve currency. If you are concerned about the US meddling with their currency, you will not pick a historically manipulated currency like the RMB. Moreover, in China transactions over 8k USD have to be reported and there is a 50k USD currency exchange limit. The governments managing of outflows hardly gives confidence that the currency is one people want to hold.