The Chinese RMB the Future World Currency

The US dollar is a troubled currency, Renminbi globalization can't wait too long, now it is an opportunity for it.


Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

Better for China to open its currency market

Jim Rogers : I think it’s better for China to open its currency market as soon as possible. This is not 1981; this is 2011. China is a strong and independent country now, and they don’t have to worry about the currency. It would be good for China and the 1.3 billion Chinese. Everything China imports will go down in price. You have to have a convertible currency to have a strong international economy. China is doing it but I think they could do it faster. - In ChinaDigital