Mr Jinping stressed the need for a “powerful central bank” to “attract global capital and exert influence over global pricing.”
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Maroc - THEDEEPDIVE.CA - A La Une - 02/Feb 15:36
China is explicitly tying its financial-powerhouse roadmap to a “strong currency” mission aimed at pushing the renminbi toward global reserve status, according to excerpts of a 2024 speech by President Xi Jinping published Saturday by the Communist Party’s journal Qiushi. Xi’s stated objective is functional and sequential: build a currency that is widely used across […] The post China Sharpens Yuan Playbook for Reserve Status appeared first on the deep dive.
Mr Jinping stressed the need for a “powerful central bank” to “attract global capital and exert influence over global pricing.”
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