• Faculty & Research

    Knowledge creation on China, from proven China experts.

    386
  • Faculty & Research

    Knowledge creation on China, from proven China experts.

    386
  • Faculty & Research

    Knowledge creation on China, from proven China experts.

    386

Chinese currency added to IMF basket. Why it’s a good move.

The Chinese yuan officially became part of the IMF’s basket of currencies on October 1. In this excerpt from a previous interview in August 2015, CEIBS Professor of Economics and Finance Xu Bin explains why this is a good move not just for China but for the rest of the world.