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Countdown to ISA: Is the renminbi the new dollar?

dollar-and-renminbi

As the valuation of the Chinese renminbi has an impact on the global currency markets, Andrew Leung looks at Chinese monetary policy and the Global Reserve Currency System in a global context.

While the perception of an undervalued renminbi is a perennial refrain, the need to address domestic economic concerns has pushed some states towards a global currency war.

Many of the old 1930s-style

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