The renminbi accounts for only about 2% of global FX reserves and has not been increasing over the last five years, so it is not a significant player in reserve diversification.
factualpending
Speaker
Moritz SchularickEvidence Quote
“about 2% of glo foreign exchange reserves is not a big player and has also not uh uh been increasing at least not in the last five years”
Created: 6/18/2026, 1:57:48 PM
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