china, hong kong protests, international currency, yuan, yuan vs us dollar

Yuan as International Currency: A Bleak Future for the Lead Contender

Beijing is taking all the necessary steps it can to make the yuan the leading international currency in the world. Given the country’s market size and increasing global clout, many experts believe that this might actually become a reality. However, the authoritarian nature of the Chinese government might turn into a big challenge to Beijing’s ...

Max Lu

A 100 yuan note.