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Podcast: Market Matters from New York Life Investment Management
Episode: Debunking De-Dollarization, Part 2: Can China Build a Reserve Currency? (April 24, 2023)
Description: Two currencies sit at the center of the de-dollarization narrative: the USD, and the Chinese Renminbi. Lauren Goodwin and Julia Hermann discuss what exactly it takes for a country to build a reserve currency, and why they do not see the Renminbi as a credible competitor to the Dollar on a multi-decade timeline.Â