RMB
topic on 4 shows · 6 statements across 4 episodes
BG2 Pod 
WTF is with Nikhil Kamath 
Invest Like the Best 
Capital Allocators
6 statements about RMB, every show
Zhu: RMB Devalued 30% Over a Decade Before Rebounding 10–15%
“China started its exchange rate reform about a decade ago, and then RMB went down in devaluation for about a 30%, but it has appreciated 10 to 15% since last summer.”
Ning Zhu: RMB's Share of Global Settlements Has Barely Grown in a Decade
“I think in terms of the total settlement for the whole world, R&B has not gone up a lot in the past decade or so.”
Ning Zhu: Stablecoin Adoption Is Solidifying US Dollar Dominance
“I think the introduction of a stable coin in the past, Couple of years, maybe solidifying solidifying US dollar's dominance in a way about RMB is not pushing as hard or as fast into that direction.”
Wang: China will not become a major financial superpower
“I think that China will not become anything like a big financial superpower, in part because the control tendencies of the engineers is to impose a lot of capital controls and the That makes it much more difficult for foreigners to want to hold RMB.”
Gurley: Domestic RMB venture capital in China is constrained by offshore wealth diversification
“And then there's not that many R&B dollars available to the venture market. A lot of the, you don't have the foundations in, in university endowments that you do here. And the billionaires that have made wealth typically are looking to diversify offshore. And …”
Golden: PRINCO holds heavy China exposure but hedges RMB currency risk
“We've got, if you were to dig deep enough, you would say, oh, I bet you they've got a lot of investment in China.
Yeah, we do.
And so maybe we want to take that RMB exposure down a little bit, because that's something you could imagine having, you know, a real…”