Linda Lim Writes on the 'Rise' of the Chinese Yuan
Linda Lim
Professor of Corporate Strategy and International Business
Stephen M. Ross School of Business
‘Rise’ of China’s yuan is much ado about little
Author - Linda Lim. TheConversation.com. November 2, 2015
“In other words, the yuan is underrepresented in payments and reserves relative to its share of world trade, while the dollar is similarly overrepresented, due to the popularity among investors and governments of the US’ broad, liquid and secure capital markets.
Market forces alone should lead one to expect the yuan’s share to rise and the dollar’s to fall over time.”