Episode Details
Back to EpisodesDebunking De-Dollarization, Part 2: Can China Build a Reserve Currency? (April 24, 2023)
Published 2 years, 11 months ago
Description
Two currencies sit at the center of the de-dollarization narrative: the USD, and the Chinese Renminbi. Lauren Goodwin and Julia Hermann discuss what exactly it takes for a country to build a reserve currency, and why they do not see the Renminbi as a credible competitor to the Dollar on a multi-decade timeline.