{"id":132559,"date":"2025-07-10T06:00:16","date_gmt":"2025-07-10T06:00:16","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=132559"},"modified":"2025-07-10T06:00:16","modified_gmt":"2025-07-10T06:00:16","slug":"why-the-yuan-can-be-safe-haven-currency-former-bank-official-flags-advantages","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=132559","title":{"rendered":"Why the yuan can be safe-haven currency: former bank official flags \u2018advantages\u2019"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostThe yuan has the potential to become a safe-haven currency, a former central bank official said while calling for capital-control flexibility and greater efforts to boost foreign participation.<br \/>\nThe argument \u2013 presented before the US Treasury chief rejected the possibility last week of the yuan gaining reserve-currency status \u2013 has underscored the ongoing debate over Beijing\u2019s push to internationalise the yuan. And it comes at a time when confidence in the US dollar is being tested by mounting&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3317643\/why-chinas-yuan-can-be-safe-haven-currency-former-bank-official-flags-its-advantages?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostThe yuan has the potential to become a safe-haven currency, a former central bank official said while calling for capital-control flexibility and greater efforts&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/132559"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=132559"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/132559\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132559"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}