Chinese President Xi Jinping’s ambition to turn the yuan into a global reserve currency, potentially displacing the dollar from its hegemonic position in the international monetary system, has been a hot topic of discussion in recent years. As The Liberal Globe, we have reported on the questioning of the dollar system both because of its …
Category: China
proposed fiscal policies about china
Innovation, Green Technologies & resource transfer to high-tech production make China a Global leader in the Economy
The global economy is currently witnessing one of the most fundamental structural shifts in recent decades, taking place at the heart of the Asian market. As the world’s second-largest economy redefines its strategy, the dynamics of international trade and industrial production are changing. At the recent China Development Forum in Beijing, the message was clear: …