These blogs are my comprehension of various companies in the Global Stock Markets. This site is not related to any Financial Institution. All the comments mentioned here are(or may be) authors personal views and may not be held responsible for any harm. Visitors to this site can use this information on their own RISK.
GuoShengxiangfromtheChinaActuarialScienceDevelopmentandResearchCenterunderthePekingUniversitypredictsthatifabidirectionalexchangeagreementisestablishedbetweentheRMBandothercurrencies, a "one-to-many" exchange,financingandsettlementsystemwiththeRMBasthecenterwillbeestablished. Ifa currencyexchangecenterisestablishedaroundthissystemandafinancingcashpool isestablishedinit, itispossiblethattheRMBwillbethe "thirdpoleoftheglobal financialcenter."
OnlywhentheRMBcan "goglobal," "stay" intheworldand "comeback" through smoothchannelscanChina'seconomyshakeofftheyokeoftheU.S. dollarortheeuro fundamentally.