RMB influence grows but dollar still reigns supreme
The Chinese currency is growing in influence on the world stage and is on track to become one of the world's reserve currencies within a decade. But Eswar Prasad, senior fellow at the Brookings Institute and author of 'The Dollar Trap', tells the FT's David Pilling that it is unlikely to become a safe haven currency without significant institutional as well as financial reform.
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes