Renminbi attracting international attention as its rise resumes

Renminbi attracting international attention as its rise resumes

Monday 16 August 2021 – Vol.12 Ed.33.1

Commentary: Renminbi internationalisation getting back on track

By Herbert Poenisch in Hangzhou

The issue of whether the internationalisation of the renminbi is a good idea is being discussed both in China and the rest of the world. Domestically, opinions are divided between hotheads, who want to see the renminbi replace the dollar as soon as possible, and realists, whose views are similar to...

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