8,8
With the booming open policy and the emerging of rich generation, more and more Chinese have the requirement to go abroad, such as pursuing degrees, buying foreign products, investing in foreign countries,etc. The limited circulation of Renminbi surely becomes an obstacle and complicates processes. As China holds a large population, the liquidity of Renminbi is sure to become a necessity. On the other hand, foreign merchants who want to deal with Chinese customers should focus on the needs of this big market. They are willingly to accept Renminbi as a world-wide circulated currency on the basis that China has strong economic background.
The strength of Renminbi will be a win-win solution to China and the rest of the world, in my opinion.
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