Globalization of RMB & The Future of International Trade

What are the challenges and opportunities of the Chinese efforts to develop the yuan as an international trade standard versus the dollar?

USHCA is excited to bring two leading experts Diana Choyleva, Chief Economist at Enodo Economics, and David Dollar, Senior Fellow for Foreign Policy – John L. Thornton China Center at the Brookings Institute, to speak about their views on the outlook and the timing of such a roll out and the globalization of RMB’s impact on international trade—especially agricultural trade—and how the other countries, including the U.S., may counter.

Diana Choyleva is a leading expert on China’s economy and politics. She is Chief Economist at Enodo Economics, an independent macroeconomic and political forecasting company she set up in 2016. Enodo’s focus is China and its global impact. Choyleva has been covering China for over two decades and has written three books, and writes regular opinion pieces for the FT, WSJ, Nikkei Asian Review, Foreign Policy etc. She has extensive global experience engaging with all manner of audiences and is a regular commentator on Bloomberg, the BBC, CNBC and others. Click here to read the latest report produced by her team, “China’s Quest for Financial Self-Reliance.”

David Dollar is a senior fellow in the John L. Thornton China Center at the Brookings Institution and host of the Brookings trade podcast, Dollar&Sense. He is a leading expert on China’s economy and U.S.-China economic relations. From 2009 to 2013, Dollar was the U.S. Treasury’s economic and financial emissary to China, based in Beijing, facilitating the macroeconomic and financial policy dialogue between the United States and China. Prior to joining Treasury, Dollar worked 20 years for the World Bank, serving as country director for China and Mongolia, based in Beijing (2004-2009).

July 26th, 2023

10-11am ET (U.S.)

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