Yuan vs. Renminbi: What’s the Difference?
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As #US economic data continues to disappoint, the #dollar and #USstocks weaken while the #RMB strengthens. Zhu Min, former deputy managing director of the International Monetary Fund, told #ChinaPerspectives that the world has witnessed that a dominant dollar is not necessarily a good thing, as US monetary and fiscal policies can significantly impact the dollar's value and capital flows. A balanced force against the dollar is good for the whole world. "RMB will continue to internationalize to se
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As #US economic data continues to disappoint, the #dollar and #USsto…
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