Will the renminbi rule?
2013 Alumni World Forum kicks off with debate on the future of the renminbi
Can the renminbi topple the US dollar as the world's reserve currency? What challenges stand in its way? And how will the renminbi's rise influence the ongoing shift in world economic power?
These were the questions tackled by former Chairman of the China Banking Regulatory Commission, and Cass alumnus, Professor Liu Mingkang, in the opening panel discussion of the 2013 Alumni World Forum.
Professor Mingkang was joined on stage by Maya Bhandari, Director of Global Macro Strategy at Citigroup; Simon Derrick, Chief Currency Strategist at BNY Mellon; and Thomas Stolper, Chief Currency Strategist for Goldman Sachs.