Hello Africa, Here Comes China - AfricanPod Episode 6

AfricanPod with Phillip Nyakpo

Originally published December 2015

Welcome to AfricanPod, and in this episode, we look at the relentless march of China towards global supremacy, this time with a newly-empowered arsenal – its currency, the Yuan, also called Renminbi. It is a big topic because the International Monetary Fund has now recognised the Yuan as a Global Reserve Currency. Africa, on the other hand retains the top medal in mediocrity, at least when it comes to currency, finance and economics. So its Hello Africa, here comes China! And the question is do African leaders even understand what has just happened? Find out, right here on the AfricanPod – the good news and the bad news about Africa. ***The matter of currencies and their global reserves status taken up today on AfricanPod is among the biggest topic on planet Earth. I cannot pretend I understand it all. So I will happily refer you to a few experts. Here are two names: 1. James Rickards, author of two amazing books, Currency Wars and the Death of Money. 2. Mike Maloney, an expect of global monetary history and author of the book "Guide to investing in Gold and Silver" as well as the video series called Hidden Secrets of Money. For more on the good news and band news of Africa, subscribe to the AfricanPod on iTunes Podcast, on Youtube, search for AfricanPod, and also on our website, www.AfricanPod.com as well as Twitter @africanpod AfricanPod will also be available soon - on Google’s Android Podcast. My name is Phillip Nyakpo, and thanks for listening.

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