Chinese Yuan: Bull or Bear The RMB shows potential as the next global reserve currency
China has had more than its fair share of downs over the past century, but in 2011 begins to demonstrate its potential as the world’s next leading economy. Soon to boast a larger middle-class than the West and with that the promise of vastly increased consumption,n the Yuan will be a critical global currency by 2020. As long as the RMB can avoid issues of government mismanagement, inflation... Continue Reading