China’s third attempt to internationalise its currency
In this Bruegel podcast, Yuyun Zhan invites Alessia Amighini and Alicia García-Herrero to discuss China’s latest push to internationalise its currency, the Renminbi. They talk about China’s previous two attempts, its approach to internationalise the RMB this time around and the wider implications of a strengthened RMB. This might prompt other countries to try and strengthen their own currencies, which could lead to a more fragmented financial system. Our experts discuss how the euro, compared to the dollar, might be more affected by this.
In order to listen to the podcasts on this website, visitors will need to accept cookies. This can be done here. Alternatively, visitors can visit the website of the partner responsible for a given podcast and listen to it there.
About the speakers
Yuyun Zhan
Press and communications officer at Bruegel
Alessia A. Amighini
Co-Head of Asia Centre, Senior Associate Research Fellow at ISPI, Associate Professor at the University of Piemonte Orientale
Economist, specializing on China’s international economic relations
Alicia Garcia Herrero
Chief Economist for Asia Pacific at Natixis, Senior Fellow at Bruegel, Non-resident Senior Follow at the East Asian Institute, Adjunct Professor at the Hong Kong University of Science and Technology
Economist specialized in monetary and financial issues in emerging markets, banking crises and resolution strategies, financial development