Business Why Focusing on the Renminbi Replacing the US Dollar is Misguided by Marcus Liu - Business Editor June 28, 2026 by Marcus Liu - Business Editor June 28, 2026 China’s Renminbi and the Misconception of Dollar Replacement China’s efforts to reduce reliance on the U.S. dollar are often misinterpreted as a push for the renminbi (RMB) to replace the … 0 FacebookTwitterPinterestEmail