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Implications of renminbi internationalization for the U.S. and the global economy (with reference to Wu Yi, being manufactured in China, Yang Rui, Deng Xiaoping and avoiding the middle-income trap)

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  • Richard W. Fisher

Abstract

Remarks before the 21st Century China Program at the University of California, San Diego, La Jolla, CA, June 7, 2012 ; \"The seemingly inexorable rise of China and the sheer size of its economy imply that the renminbi may someday play a role similar to that of the dollar.\"

Suggested Citation

  • Richard W. Fisher, 2012. "Implications of renminbi internationalization for the U.S. and the global economy (with reference to Wu Yi, being manufactured in China, Yang Rui, Deng Xiaoping and avoiding the middle-income trap)," Speeches and Essays 108, Federal Reserve Bank of Dallas.
  • Handle: RePEc:fip:feddsp:108
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    File URL: http://www.dallasfed.org/news/speeches/fisher/2012/fs120607.cfm
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