The US dollar still dominates trade for now. But new research suggests Australia’s banks are unprepared for a world where China’s currency plays a much larger role.
- Professor of Finance, University of Technology Sydney
As more Australians enter retirement with a mortgage, decisions about the family home become crucial. What are your options?
Chinese debt levels are unsustainable and its plan is more of the same. China needs real market reform if it is to avoid a debt crisis.
Market “hiccups” are painful for western markets, but a good sign of the internationalisation of Renminbi.
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