Renminbi

Roubini: China's Renminbi Will Likely Overtake US Dollar As World Currency

New York Times | NOURIEL ROUBINI | Posted 06.14.2009 | Business


THE 19th century was dominated by the British Empire, the 20th century by the United States. We may now be entering the Asian century, dominated by a ...

Five Chinese Cities Begin Trial Trading In Yuan, Replacing Dollars

Xinhua | Posted 05.09.2009 | World


China's State Council, or Cabinet, announced a pilot program to allow exporters and importers in five cities to settle cross-border trade deals in Ren...