Experts on IMF Accepting China Into Reserve Currency Basket [PODCAST]

By Valentin Schmid
Valentin Schmid
Valentin Schmid
Valentin Schmid is the business editor of the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
November 16, 2015 Updated: November 17, 2015

The International Monetary Fund (IMF) will most likely accept China into its basket of reserve currencies at the end of this month.

Epoch Times business editor Valentin Schmid spoke to two of the foremost China finance experts to discuss the topic and others.

“It’s a foregone conclusion,” says Fraser Howie, author of “Red Capitalism.”

“The omens are good,” says Diana Choyleva, chief economist at Lombard Street.

In this podcast they also talk about: 

NB: The interview was recorded before this statement issued by the IMF.

Valentin Schmid is the business editor of the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.