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Will the yuan rise to match China's growing economic power?

Once in place, the dominant international currency is not easily challenged

| China
Yuan and dollar banknotes: we have to look at the fundamentals underpinning trend economic growth.   © Reuters

Masaaki Shirakawa is a former governor of the Bank of Japan.

Nobody disputes that the rise of China is one of the crucial factors that will shape the global economy over the next decade.

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