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Could China's yuan replace the dollar as a reserve currency? The Chinese yuan, or renminbi, could give the dollar a run for its money one day, at least when it comes to being a major reserve currency, analysts say. Those days may still be far off in 2018, but recent developments show that there's a new kid on the reserve block that's worth noting. "There's nothing ...
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Why Should the United States Be Concerned If China Stops The NYT printed a Reuters article which included the bizarre assertion that the United States would be in some way threatened if China stopped buying U.S. government bonds. The assertion is bizarre because for years many people (included me) complained that China was deliberately keeping down ...
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