%T Anaemic ascent: why China's currency is far from going global
%A Alistair Thornton



%I Lowy Institute for International Policy
%D 2012

%K Money



%U https://apo.org.au/node/30769

%X Severe economic challenges and political obstacles look sure to resign China's currency to a fate short of major reserve currency status.

China’s currency is on the rise. Buoyed by the  economy’s outperformance and global trade impact, policy steps over the  past few years have thrust the renminbi onto the global stage. Is the  renminbi going to climb to become a major reserve currency? Not so fast.
%9 Report