He says the most realistic Chinese option is a basket of currencies that supplements and competes against the dollar rather than immediate outright replacement.
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Currency basket
A transcript-matched topic anchored by excerpts such as "Look, I think Chinese policymakers are realistic. You know, China practices a real politic form of geopolitics. And I don't think Chinese believe that..."
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A transcript-matched topic anchored by excerpts such as "Look, I think Chinese policymakers are realistic. You know, China practices a real politic form of geopolitics. And I don't think Chinese believe that..."
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Timestamped Evidence
"Look, I think Chinese policymakers are realistic. You know, China practices a real politic form of geopolitics. And I don't think Chinese believe that..."
"And I think Chinese policymakers are aware of that. And that's why they would opt for the second option, which is to create a..."
Relevant Lectures And Readings
Jiang frames the Tianjin summit as proof that the real U.S.-China fight is no longer just about ideology.
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