Markets, not politics, will make China’s yuan a global currency

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Source: South China Morning Post
Published: 2026-07-12 18:30 UTC+10:00
Section: Eddie Yue
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Asia, Economy & Finance, China, Financial Markets, World News, Business & Economy, Asia Pacific
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Snippet:
Until authorities can reduce costs and allay the market’s concerns, yuan internationalisation will be stronger on paper than balance sheets
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