China in Context: Can the yuan challenge the dollar as a global currency?
Xi Jinping has an ambition to make the yuan a currency that is in widespread use internationally. Russia now accepts Chinese yuan in exchange for oil and gas and Brazil is also considering using yuan, rather than dollars, when trading with China. In this podcast, experts consider the role of the yuan in international finance and the risks involved. Zuri Linetsky, research fellow at the Eurasia Group Institute for Global Affairs in Washington, DC discusses the topic with Daniel McDowell, Associate Professor of Political Science at the Maxwell School of Citizenship and Public Affairs at Syracuse University in the United States.
Zuri is a research fellow with the Independent America project at the Eurasia Group Institute for Global Affairs.
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This post is part of Independent America, a research project led out by IGA senior fellow Mark Hannah, which seeks to explore how US foreign policy could better be tailored to new global realities and to the preferences of American voters.