Macro Hive Conversations With Bilal Hafeez cover image

Ep. 327: Ryan Hass on China’s Patient Power Play, and US-China Relations

Macro Hive Conversations With Bilal Hafeez

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Renminbi internationalization and limits of capital control

Ryan argues China wants less dollar dominance but will limit capital convertibility, constraining how far the renminbi can globalize.

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