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China's yuan could challenge dollar role in a decade

By: Yossel in BRKB | Recommend this post (0)
Tue, 30 Aug 11 5:47 PM | 16 view(s)
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China's yuan could challenge dollar role in a decade

LONDON (Reuters) - Here's a bold prediction to feed Western worries that power is shifting inexorably to the East: China's yuan could overtake the U.S. dollar as the world's principal reserve currency as soon as next decade.

Alan Wheatley,
Global Economics Correspondent

LONDON
Tue Aug 30, 2011 9:47am EDT

link-
http://www.reuters.com/article/2011/08/30/us-economy-global-eclipse-idUSTRE77T2GX20110830




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