Xia: Bretton Woods breakdown already underway

Asia economics expert Dr Le Xia argues that the dollar’s reserve currency status - cemented in the Bretton Woods system of monetary management - will decline further in the next decade

July 20, 2015
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Transcript

Economist tells World Finance that despite the direct threat the RMB poses to the dollar, entrenched and growing trade ties between the US and China will continue.

Come back later for a full transcript of this video.