If you think China needs to dethrone U.S. dollar, you don't understand how it is waging global currency war
It's misguided to focus on China's renminbi replacing the U.S. dollar. Beijing is already successfully reducing dependence on a dollar-centric global system.
Overview
It's misguided to focus on China's renminbi replacing the U.S. dollar. Beijing is already successfully reducing dependence on a dollar-centric global system.
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Originally published at www.cnbc.com.
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