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P.S. Srinivas
P.S. Srinivas
Dr P.S. Srinivas (Srini) is a visiting research professor at the East Asian Institute, National University of Singapore. His research focuses on China’s financial sector. Earlier, he worked with the New Development Bank, Shanghai (2016-21), the World Bank (1996-2016), and the Asian Development Bank (1993-96). Dr Srinivas holds PhD and MA degrees from Cornell University, Ithaca, NY, US; an MBA from the Indian Institute of Management, Ahmedabad; and a B.Tech in chemical engineering from the Indian Institute of Technology, Madras.

Any shift towards yuan settlement will be gradual as most Middle Eastern currencies are dollar-pegged, the global market is too large and the yuan still not liquid enough.

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China economy