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Geopolitical influences on the future of Renminbi. Egmont Security Policy Brief No. 82, March 2017

Ryan, John (2017) Geopolitical influences on the future of Renminbi. Egmont Security Policy Brief No. 82, March 2017. [Policy Paper]

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    Abstract

    The Chinese government has made great strides in its ambition to turn the Renminbi into a global reserve currency. The importance of Europe to China’s economy is unquestionable, so Brexit is an unwelcomed event. China’s resolve to reduce its US Dollar exposure has intensified following the election of Donald Trump as president. This political friction has reinforced concern by China that the US could intentionally slip into a situation in which a trade war occurs. Such a trade war between China and the US could have a detrimental effect on the global economy.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > China
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Egmont : Royal Institute for International Affairs > Security Policy Briefs
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 08 May 2017 11:27
    Number of Pages: 7
    Last Modified: 08 May 2017 11:27
    URI: http://aei.pitt.edu/id/eprint/86887

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