I wanted to post this as a response to Andrew’s recent post on this topic, but the way the post is published does not allow for comments.

In a separate message I will post the instructions again. please take note so we can generate discussions on the blog.

Here is another take on the likely future of China RMB as a world currency. as you will notice, this one is more in the spirit of the discussion we had in class of this issue. whatever view you take, it is an excellent take of the issue.

http://www.economist.com/news/finance-and-economics/21604579-buzz-about-rise-chinas-currency-has-run-far-ahead-sedate-reality-yuawn