@Funkybrainz I expected that more that 50% would strongly disagree so surprised by the results
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@Funkybrainz Zim is a special case and under sanctions and yet 41% would favor adding yuan to the basket of legal tender
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@calestous why not go one better and let every African decide what currency to use? Currency competition! I proposed a Bill to do that -
@DouglasCarswell A sterling idea!
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@calestous adopting the yuan currency as a foreign exchange reserve was discussed at the China-Africa summit in S. Africa earlier this month -
@Macharia_James@calestous difference between legal status of the currency and whether everyday people use rmb to buy goods -
@Winslow_R@calestous Kenya, S.Africa have yuan clearing houses but not yet approved for public transactions. Mostly bilateral settlements.
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@calestous in 2013, Kenya proposed hosting Africa's first yuan clearing house to deepen China trade ties but not to replace dollar.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous inevitable step towards internationalization of#RMB. Problem:#Yuan's soft power too weak to be used widely in#Africa. (1/2)Thanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous@sdonnan See my earlier comment ...https://twitter.com/retepelyod/status/679354134986928128 …Thanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous Settling in yuan on the continent would mirror Asia, where there are yuan clearing houses in Singapore, Taiwan and the Hong Kong.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous (2/2) more clearing houses needed in Africa- currently only in SA &#Kenya.#China working w/France for francophone#Africa. - 1 more reply
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@calestous A changing world. Once the pound was supreme now dollar so who is to say the yuan should not have its day http://hks.harvard.edu/fs/jfrankel/EuroVs$-IFdebateFeb2008.pdf …Thanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous We can't cede control of our Central Banking to foreigners. It's very irresponsible for anyone to even contemplate that idea.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous investor confidence is required to determine whether the importance of the RMB matches the global importance of#China's economyThanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous@toluogunlesi depends on how easily convertible the yuan becomesThanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous Can't say I have an opinion on that, but it's surely interesting to see this question asked.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous to be in the majority doesn't mean you are right!Thanks. Twitter will use this to make your timeline better. UndoUndo
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