“Mr. Rogers added that China should ‘globalize the Renminbi in the next 20 minutes rather than the next 20 years’. He thought that China is currently the world’s second largest economic entity as well as the country with most amount of foreign exchange reserve, ‘there is no reason to restrict the Renminbi globalization. It is good for all Chinese people, as Renminbi globalization means all investors worldwide can invest in China, which will bring great market opportunities to China’s commodities. Stock price in China will rise, China will become the world’s center for commodity transaction, China’s financial market will be the best in the world.”
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