China sees yuan vs. dollar like Pepsi vs. Coke—'never the market leader, but serviceable in a pinch'
· fortune.com
"Without a far larger pool of renminbi assets that foreigners can freely buy and sell, the renminbi cannot come close to replacing the dollar."
Heavy is the head that wears the crown, and contrary to popular belief, Beijing doesn’t want the yuan to dethrone the dollar as the world’s dominant currenc...