<p>China is too large to ignore, yet the renminbi still plays a modest role in global reserves and payments. Michelle and Vox unpack why trade size alone is not enough, and why capital controls, liquidity, and trust matter more than many retail investors expect.</p>

China is too large to ignore, yet the renminbi still plays a modest role in global reserves and payments. Michelle and Vox unpack why trade size alone is not enough, and why capital controls, liquidity, and trust matter more than many retail investors expect.

S1E79 - When a Big Economy Still Can’t Export Its Currency

Thinking in Markets focuses on the structure behind global markets — time, liquidity, and the interaction between futures and cash sessions. From macro instruments like rates and FX to equities across Asia, Europe, and the U.S., each episode turns complex systems into simple, durable frameworks.

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S1E79 - When a Big Economy Still Can’t Export Its Currency

S1E79 - When a Big Economy Still Can’t Export Its Currency