In the long run and given China’s economic heft, the yuan could emerge as a rival to the greenback. Photo: Xinhua
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Why China may be ready for a strong yuan, and the US could follow up with a weak dollar policy

  • The yuan could emerge as a rival to the greenback, as Beijing looks ready to adopt a de facto ‘strong yuan’ policy. And there will be room for the yuan to extend its global footprint if Washington chooses to weaken the dollar’s dominance

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In the long run and given China’s economic heft, the yuan could emerge as a rival to the greenback. Photo: Xinhua
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