Yuan Won't Topple the Dollar—But Yen and Pound Should Worry
Standard Chartered's China CEO Jean Lu rules out a yuan challenge to the dollar's 57% reserve share—but says the RMB may take ground from the yen and pound as Asian trade settlement surges.
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Standard Chartered's China CEO Jean Lu rules out a yuan challenge to the dollar's 57% reserve share—but says the RMB may take ground from the yen and pound as Asian trade settlement surges.