While trade has been and can be an important driver for the rise of the RMB as a reference currency, it cannot on its own ensure the eclipse of the dollar globally until the mid-2030s. However, if China reforms its financial and external sectors consistent with ensuring the rise of the RMB as the preeminent reserve currency within the next 10 to 15 years, that would also bring forward the date for the emergence of a global RMB currency bloc, eclipsing the dollar.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.