Monday, July 6, 2020

Time for China to decouple the yuan from US dollar, former diplomat urges — Orange Wang

US will pose ‘increasingly severe threat’ to future Chinese development through dollar’s global monopoly

Preparations for gradual decoupling and internationalisation of the yuan should begin ‘now’

I have been been saying this for some time. It's even more essential now that Chinese policy is shifting from export-led to consumption-driven.

SCMP
Time for China to decouple the yuan from US dollar, former diplomat urges
Orange Wang

3 comments:

Nebris said...

A rather unfortunate name...

Peter Pan said...

Orange Tang is trademarked.

Matt Franko said...

I think from now on in reference this type of post here at mne will be known as “an Orange Wang post”...