China's push for RMB internationalization
Sinica Podcast
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What Happened to China in the Last 30 Years?
If you are a Martian and you're sitting on Mars you'll be looking at Earth. You really wouldn't understand why we are quarrelling right now," he says. The past 30 years have been the best in terms of major wars and conflicts as well as growth, according to Mr Obama. But if China had allowed the yuan to move freely in 2004 we wouldn't have had the buildup of excess debt in the US or other Anglo-Saxons that then would have taken its toll said Mr Obama. "We are all defined by our nationality" - President Barack Obama.
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