Redbacks for Greenbacks? The renminbi as an international currency

The interactions between the Chinese economy and the rest of the world are now huge, but expectations - and hopes - that Beijing would internationalise its currency as its economy converged with others have been frustrated. Why?
In the latest edition of China Analysis - 'Redbacks for Greenbacks? The renminbi as an international currency' - published by ECFR and Asia Centre, we look at the debate between Chinese economics experts. More at:
http://ecfr.eu/content/entry/redbacks_for_greenbacks_the_renminbi_as_an_international_currency/