China Inside Out by Andy Xie 谢国忠 -- The US Dollar Collapse & RMB Internationalization

Andy Xie is an independent economist now based in Shanghai. He is known to most longtime China watchers for always getting it right and always calling it right about China, often ahead of everyone else. Most importantly, Andy Xie is renowned for refusing to toe the line for Beijing's monetary mandarins and Wall Street.

This video interview was excerpted from "De Chinese dollar", a Dutch program produced by VPRO Tagenlicht which premiered on Feb-03-2019. For the full program, https://www.npostart.nl/vpro-tegenlicht/03-02-2019/VPWON_1295402. Dr. Andy Xie argues that China still has a long way to go and many more reforms to undertake before the RMB internationalization can truly happen. When the US dollar collapses, RMB is not yet ready to fill the void. Ultimately, RMB internationalization will require China's ruling communist party to curb its own powers and even cut short its incumbency. Will global events overtake China's ruling communist party and force its hand to do what needs to be done?

Видео China Inside Out by Andy Xie 谢国忠 -- The US Dollar Collapse & RMB Internationalization канала Atomboy Astroboy