Assessments

An employee counts money at a branch of Industrial and Commercial Bank of China on July 26, 2011 in Huaibei, Anhui province, China. Struggles by the People's Bank of China to manage financial inflows are a subtle, yet significant, signal working against further renminbi internationalization.

Struggles by the People's Bank of China to manage financial inflows are a subtle, yet significant, signal working against further renminbi internationalization.

China Undercuts Its Own Efforts to Make the Renminbi an International Currency

China Undercuts Efforts to Make the Renminbi an International Currency | Stratfor

Highlights

China

Struggles by the People's Bank of China to manage financial inflows are a subtle, yet significant, signal working against further renminbi internationalization, even as China touts its new e-yuan as a monetary innovation that will erode the dollar's dominance.

ASSESSMENTS

China Undercuts Its Own Efforts to Make the Renminbi an International Currency

Subscribe to view this article