1. Why the renminbi can't rival the dollar's reserve status | FT  Financial Times
  2. Yuan's Rally Approaches Double Digits, Easing Washington Tensions  RealMoney
  3. Why the renminbi cannot rival the dollar yet  Financial Times
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News, analysis and comment from the Financial Times, the worldʼs leading global business publicationAmerica enjoys an exorbitant privilege from the dollar's position as the world's reserve currency and China would like its currency to have the same status. FT Asia markets correspondent Hudson Lockett explains what China needs to do to make that happen

Why the renminbi cannot rival the dollar yet | Financial Times