The CCP Promotes the Internationalization of the RMB. Experts: The Conditions Are Not in Place | Tariff War | Self-Indulgence

Economists have analyzed that the CCP is self-indulgent and feels good about the internationalization of the RMB. It does not have many of the conditions for internationalization, not to mention that it is currently trapped in the technology debt trap and the government debt is rapidly expanding. Some small measures and small openings are not enough to change the status of the RMB in the international settlement mechanism, let alone replace the …