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Beijing’s Dubious Yuan Dreams

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Beijing’s Dubious Yuan Dreams
A bank teller counting stacks of U.S. dollars and Chinese 100-yuan notes at a bank in Hefei, Anhui Province, China. STR/AFP/Getty Images
Milton Ezrati
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Chinese leader Xi Jinping just completed a successful trip to the Middle East. There he stressed trade relations with oil-rich nations, especially Saudi Arabia.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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