#China's central bank: Advancing RMB internationalization in an orderly manner In a recent interview with China Media Group, the People's Bank of China Governor Pan Gongsheng said the central bank will continue to advance global financial governance reform and international financial cooperation, promote high-level opening-up of financial services and markets, and steadily advance the internationalization of the renminbi in 2026. #BizFocus | CGTN Global Business

Jeffrey Sachs, a world-renowned professor of economics and director of the Center for Sustainable Development at Columbia University said in an exclusive interview with China Daily that the international monetary system is becoming increasingly diversified. He predicted that the influence of the US dollar will significantly decline within the next 10 years. He addded that the internationalization of the renminbi and the rise of digital currencies will reshape the global financial landscape. | Ch