Reply to post: Re: Airbus & China

No Huawei out: Prez Trump's game of chicken with China has serious consequences

Charlie Clark Silver badge

Re: Airbus & China

The Yuan could easily replace the USD as the world's currency.

Not at the moment it couldn't: capital restrictions mean it is currently not readily convertible and, thus, doesn't have the same liquidity as the US dollar.

But the rise of any SPVs (special purpose vehicles) for trading outside the dollar system could easily spook investors and cause yields on US debt to spike: it woudn't take much to cause potential real problems.

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