Can the yuan challenge the dollar as a global currency?
Xi Jinping has an ambition to make the yuan a currency that is in widespread use internationally. Russia now accepts Chinese yuan in exchange for oil and gas and Brazil is also considering using yuan, rather than dollars, when trading with China. In this podcast, experts consider the role of the yuan in international finance and the risks involved. Zuri Linetsky, research fellow at the Eurasia Group Foundation in Washington, DC discusses the topic with Daniel McDowell, Associate Professor of ...