Xi Jinping Pushes Renminbi as Global Reserve Currency in Communist Party Journal Amid Dollar Weakness

by Emmitt Barry, Worthy News Washington D.C. Bureau Chief(Worthy News) – Chinese leader Xi Jinping has laid out his most explicit vision yet for transforming China’s currency into a global reserve, calling for the renminbi to become widely used in international trade, investment, and foreign-exchange markets—and ultimately held by central banks.The message was delivered in an essay published Saturday in Qiushi, the official theoretical journal of the Chinese Communist Party. The publicatio