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Gregory Chin

Gregory Chin

Associate Professor of Political Economy at York University, Canada, specializing in China, the BRICS, and global financial governance.

Sep 15, 2026

17:46
Is there any reluctance on the Chinese side to move towards becoming a global reserve currency? And what comes with that?
17:57
Yeah, you know, Graham, it's fascinating.
18:00
And Like those are the kind of the official statistics, you know, through the IMF.
18:06
There's probably more renminbi reserve holdings out there than what is officially reported.
18:14
For example, Russia has made a major shift to using renminbi for much of its trade, supposedly.
18:21
So, you know, you've got Russia and Iran probably is using a lot of renminbi these days and You know, and there's others as well.
18:32
And so I think, yeah, there's probably more than the 2% suggests.

17 MINS LATER

36:07
Those are still the real frontier institutions that really advance China's objectives.

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