A Chinese clerk counts RMB (renminbi) yuan banknotes at a bank in Nantong city, east China's Jiangsu province, 1 March 2016. Photo Imaginechina
A Chinese clerk counts RMB (renminbi) yuan banknotes at a bank in Nantong city, east China's Jiangsu province, 1 March 2016. Photo Imaginechina
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

Why the yuan will never be a true international currency

Beijing’s obsession with the yuan’s ranking among global trade currencies is meaningless trivia

Jake Van Der Kamp
Jake Van Der Kamp

Updated: 10:58pm, 3 Oct, 2016

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A Chinese clerk counts RMB (renminbi) yuan banknotes at a bank in Nantong city, east China's Jiangsu province, 1 March 2016. Photo Imaginechina
A Chinese clerk counts RMB (renminbi) yuan banknotes at a bank in Nantong city, east China's Jiangsu province, 1 March 2016. Photo Imaginechina
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