Clyde Prestowitz: Chinese Yuan 'Not Going to Become a Reserve Currency' | CLIP

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Clyde Prestowitz says the Chinese yuan will never become a reserve currency because a fundamental property of main reserve currencies is that the money is able to be moved around—something the Chinese Communist Party can never allow. They also discuss the warning by George Soros against Chinese investment following BlackRock's push for further investment in the Communist-controlled country.

#China #ClydePrestowitz #ChineseCommunistParty

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