With the US dollar index close to historic highs, China has a great opportunity to radically reform its exchange rate mechanism and pave the way for greater internationalisation of the renminbi. Photo: Reuters

What next for the renminbi with Trump in the White House?

G. Bin Zhao says far from being a currency manipulator, China has made significant efforts to reform its exchange rate regime, and it now has an opportunity to target a free float this year

Topic |   Yuan

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With the US dollar index close to historic highs, China has a great opportunity to radically reform its exchange rate mechanism and pave the way for greater internationalisation of the renminbi. Photo: Reuters
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