Linda Lim Writes on the 'Rise' of the Chinese Yuan

Linda Lim Professor of Corporate Strategy and International Business Stephen M. Ross School of Business


Linda Lim

Professor of Corporate Strategy and International Business
Stephen M. Ross School of Business

‘Rise’ of China’s yuan is much ado about little

Author - Linda Lim.  TheConversation.com. November 2, 2015

In other words, the yuan is underrepresented in payments and reserves relative to its share of world trade, while the dollar is similarly overrepresented, due to the popularity among investors and governments of the US’ broad, liquid and secure capital markets.

Market forces alone should lead one to expect the yuan’s share to rise and the dollar’s to fall over time.
— http://theconversation.com/rise-of-chinas-yuan-is-much-ado-about-little-48804