It is indeed my belief that a good, dare I say profound, knowledge of economic history should always provide a solid background for the activity of economists confronted with the responsibilities of central banking. We will, then, keep reading his books and papers, recommending that they be read and commented, and look forward to further analysis of his contributions.
Although the US dollar has been the most commonly used currency for China’s trade up to now, use of the renminbi has increased a great deal over the last few years.