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Policy Brief
Policy Brief
The Geopolitics of the Renminbi Evolution
June 17, 2019
There is no doubt that the ascension of China, which is at the centre of the global debate, is the most relevant fact of the 21st century. A rising power with many vulnerabilities, yet a clear understanding of what they are and with the willingness to actively reduce them to a minimum, manageable level. China has managed to become, after all, the second largest economy in the world, with outstanding economic performance. Globalisation has brought China from the periphery into the core of the international system.