The CCP's Influence on the Chinese Economy

Do you think the Chinese government is too powerful in terms of its economic interventions to have the wand be thought of as a stable alternative to the US dollar for global commerce? I think that that if the Chinese have as a goal for the wand to replace the dollar as the global reserve currency, I think that's certainly an uphill battle for them. The kind of economic system they have is just not one that is going to inspire an infinite amount of confidence by international investors and financial institutions.