https://www.scmp.com/rss/500758/feed Philip Saunders is co-head of multi-asset growth at Investec Asset Management. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com At an event I attended at Chatham House recently, the three panellists struggled to disagree on their long-term outlook for the US dollar. The settled consensus among most market participants is that any shift in the monetary order away from the dollar – de-dollarisation – will happen gradually and take decades, as past currency transitions have done. But, consider the following developments. Petroyuan futures, the yuan-denominated oil contracts launched last year in Shanghai, now sit behind the... https://www.scmp.com/comment/insight-opinion/article/3009253/amid-shift-away-us-dollar-how-long-chinas-yuan-real?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/3009253/amid-shift-away-us-dollar-how-long-chinas-yuan-real?utm_source=rss_feed Fri, 10 May 2019 13:00:13 +0000