This year’s near-doubling of the yuan’s share as a global payments currency has largely gone unremarked because the figures are still rather modest and forecasts of the dollar’s impending demise have so far turned out to be greatly exaggerated.
This year’s near-doubling of the yuan’s share as a global payments currency has largely gone unremarked because the figures are still rather modest and forecasts of the dollar’s impending demise have so far turned out to be greatly exaggerated.