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							<title>The Renminbi Yearns To Be Free</title>
							<link>http://www.bronx.com/news/business/395.html</link>
							<category>Business</category>
							<pubDate>Thu, 16 Jul 2009 09:31:00 -0400</pubDate>
							<description>“The outbreak of the current crisis and its spillover in the world have confronted us with a long-existing but still unanswered question, i.e., what kind of international reserve currency do we need to secure global financial stability and ensure world economic growth…The desirable goal of reforming the international monetary system, therefore, is to create an international reserve currency that is disconnected from individual nations and is able to remain stable in the long run, thus removing the inherent deficiencies caused by using credit-based national currencies.”</description>
							
						
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