How can China’s renminbi become a global reserve currency?

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  Daily news and analysis.

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  This is World Today.

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  Hello and welcome to World Today.

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  I'm Ding Heng in Beijing.

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  Coming up, Xi Jinping calls for China's renminbi attaining global reserve currency status.

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  Europe's president is now in China for an official visit.

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  Trump taps Kevin Wach to chair the Federal Reserve.

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  and the OPEC Plus agrees to keep oil output unchanged as irritations boost the prices.

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  First up,

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  Chinese President Xi Jinping has published a major article in Zhou Shi Journal calling for building China into a financial powerhouse.

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  The Chinese leader emphasizes that the goal requires a solid economic foundation and world-class economic,

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  technological and comprehensive national strength.

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  Xi Jinping says, markets.

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  He also outlines robust regulation and a well-developed talent pool as key elements

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  for becoming a financial powerhouse.

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  So for more, joining us now on the line is Dr.

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  Yao Shu Jie.

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