观点人民币

Grand global ambitions for renminbi sow domestic risks

Most people from outside China have never used the renminbi for much more than buying trinkets at the Great Wall or steamed buns in a Shanghai eatery.

Despite the country’s huge economic clout, its currency remains a minnow in the worlds of trade settlement, cross-border payments and global investing.

But that is changing fast. Having been almost invisible in much of the world for years, the Chinese currency is now filling more pockets, portfolios and bank accounts across the world.

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