China's Renminbi Is Approved as a Main World Currency – New York Times

China’s Renminbi Is Approved as a Main World CurrencyNew York TimesThe I.M.F. decision will help pave the way for broader use of the renminbi in trade and finance, securing China’s standing as a global economic power. But it also introduces new uncertainty into China’s economy and financial system, as the country was …and more …read […]

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