Wednesday, November 28, 2012

Is There An Asian RMB Bloc?

. Wednesday, November 28, 2012

Michael Pettis says "no". But that doesn't mean the RMB doesn't matter. It does. Just not so much for the US or EU or the broader currency reserve and exchange system. It matters more for China's competitors in global export markets.

Read the whole thing. I'm looking forward to Pettis' forthcoming book as much as any scheduled for next year.

0 comments:

Is There An Asian RMB Bloc?
 

Share it

PageRank

SiteMeter

Technorati

Add to Technorati Favorites