On the yuan

Source:Global Times Published: 2015-3-15 23:08:01

The US dollar, the euro and the yuan will make up the three pillars of world currencies. Currently, the dollar weighs too much, and US monetary policy is made without considering our [China's] feelings. That's the fundamental problem of the global currency system.

Li Daokui, a member of the CPPCC National Committee and head of Tsinghua University's Center for China in the World Economy, was quoted as saying by Beijing-based Morning Post in a report published Saturday.



Posted in: Economy

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