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9min chapter
The Investor's Guide to China: In conversation with Louis-Vincent Gave (#25)
Fidelity Answers: The Investment Podcast
China's Reliance on US Foreign Flows and the Role of the RMB
This chapter explores China's diversification away from US foreign flows and the performance of the Chinese bond market. It discusses the potential of the RMB to replace the US dollar, but concludes that it cannot entirely. The chapter also explores ways that countries like India can reduce dependence on US treasuries by using local currencies for trade.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode