Nicola Casarini is senior associate fellow, Istituto Affari Internazionali, Rome and a global fellow at the Wilson Center, Washington DC. Rita Fatiguso is senior China correspondent at Il Sole 24 Ore, Italy's financial daily.
Opinion
Growing European preference for China's currency is risky
IMF decision to increase its yuan reserves has significant geopolitical implications
Europe's support for wider global use of the yuan undermines future sanctions in case of a conflict over Taiwan. © Imaginechina/AP
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