China Inside Out by Andy Xie 谢国忠 -- The US Dollar Collapse & RMB Interna...

CA 2 China Inside Out by Andy Xie 谢国忠 -- The US Dollar Collapse & RMB Internationalization 8,083 views •Dec 5, 2020 140 4 Share Save Atomboy Astroboy 161 subscribers Andy Xie is an independent economist now based in Shanghai. He is known to most longtime China watchers for always getting it right and always calling it right about China, often ahead of everyone else. Most importantly, Andy Xie is renowned for refusing to toe the line for Beijing's monetary mandarins and Wall Street. This video interview was excerpted from "De Chinese dollar", a Dutch program produced by VPRO Tagenlicht which premiered on Feb-03-2019. For the full program, https://www.npostart.nl/vpro-tegenlic...​. Dr. Andy Xie argues that China still has a long way to go and many more reforms to undertake before the RMB internationalization can truly happen. When the US dollar collapses, RMB is not yet ready to fill the void. Ultimately, RMB internationalization will require China's ruling communist party to curb its own powers and even cut short its incumbency. Will global events overtake China's ruling communist party and force its hand to do what needs to be done? 25 Comments augustin tio Add a public comment... FTD FTD 1 week ago (edited) For those who ask, over printing of US dollar means supplies goes up. What happens when supplies exceed demand? The value goes down and inflation will not be far behind. 2 Elkhaq Elfida Elkhaq Elfida 3 weeks ago I dont know why youtube bring me here, but I'm glad 1 Kingsley Perera Kingsley Perera 4 days ago China has adapted AESOP'S fable ( the hare & the tortoise ) " SLOW AND STEADY WINS THE RACE " 1 Gloria Burge Gloria Burge 2 weeks ago What control does the global market have when the US print 💰 out of the thin air? 1 Life Fun Life Fun 1 month ago How old is this video? RMB appreciate more than 10% in 2020 3 DJ Tan DJ Tan 3 weeks ago U see, we Chinese r v modest... Lau Kok Hun Lau Kok Hun 1 month ago Such a talent brain in China. 7 tfylhk tfylhk 2 days ago China put money for own development, US put money for wars to destroy development from others Mawethu Mbinda Mawethu Mbinda 1 month ago Viva prc socialize is the best 5 Kim un Jong Kim un Jong 3 weeks ago Useless Paulo Dias Paulo Dias 2 weeks ago Please I wanna to move to China Jim Sia Jim Sia 1 month ago (edited) Clown no commonsense, rump 1 On 9 Plus S Max Turbo On 9 Plus S Max Turbo 1 month ago btc is your friend Siew Lee Lane Siew Lee Lane 1 month ago A 1