Terms

  1. Home
  2. Terms
  3. Currency
  4. Chinese Yuan

Chinese Yuan

Nick Name
Yuan
Parent term
Currency
The Yuan is the official currency of the People's Republic of China

Reasons Why Chinese Juan May Not Make A Formidable Challenge to the US Dollar As Reserve Currency
  • There is not a large bond market (to invest funds in)
  • The rule of law is China is not great
  • There is not yet an established network of third parties to support it as as a currency (intermediaries, dealers, etc.)

Warnings and Disclaimers

The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal financial situation - we are not investment advisors nor do we give personalized investment advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated an there is no obligation to update any such information.

Copyright Finnotes.org © 2018 - 2020