Adam Posen on central banks, China and the enduring power of the dollar
FT Alphachat
00:00
Internationalization Raimbi - Is That a Bad Idea?
There was some momentum behind China's currency. It was edging up in the share of international payments. And 2015, that all seemed to change. So there's a sense of are we kind of writing off the currency too soon? Or are there just too many contradictions within China's economy at this point that that eventual goal can't really be achieved?
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