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Opinion

Belt and Road's next chapter will be all about the yuan

Wider global use of the currency key to Xi's vision of Chinese influence

| China
The global success of the yuan will depend on whether Beijing can give foreigners reasons to desire to make transactions with China's currency rather than the dollar.   © Ulrich Baumgarten/Getty Images

Diana Choyleva is chief economist of Enodo Economics, a macroeconomic and political forecasting company in London focused on China and its global impact. Dinny McMahon is banking and financial market analyst at Enodo.

Chinese leader Xi Jinping has made it clear that a prime goal for his next term in office will be securing his country's status as a global player.

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