RMB grows in influence (2012) - FAQ
Frequently asked questions about this film.
What is RMB grows in influence about?
RMB grows in influence is a news segment. During the U.S. presidential debates, the Renminbi (RMB), China's currency, becomes a focal point as Mitt Romney threatens to punish Beijing for keeping it undervalued. He highlights how American companies shut down and people lose jobs because China does not adhere to the same rules. Barack Obama claims credit for pressuring Beijing to allow the RMB to rise. China aims to elevate the RMB to an international currency to gain independence from the U.S. dollar, seeking more pricing power for commodities globally. This shift would allow China to price goods in RMB rather than dollars, reducing exchange rate risks for Chinese buyers. With its significant economy, China is positioned to influence the international monetary system, pushing for the RMB's internationalization as a strategic move for both economic and political reasons.
When was RMB grows in influence released?
RMB grows in influence was released in 2012.
How long is RMB grows in influence?
RMB grows in influence has a runtime of 4 minutes.
Where can I watch RMB grows in influence?
You can watch RMB grows in influence on iWonder.
What genre is RMB grows in influence?
RMB grows in influence is classified as Business.
What topics does RMB grows in influence cover?
RMB grows in influence explores topics including currency, geopolitics.
Is RMB grows in influence available for free?
RMB grows in influence is available to stream on iWonder. Check the film page for current availability and any subscription requirements.
Can I watch RMB grows in influence with subtitles?
Subtitles may be available for RMB grows in influence on iWonder. Look for the CC (closed captions) button in the video player when available.