yuan vs us.jpgThe Asia-Pacific Economic Co-operation (APEC) summit in Honolulu has revealed sharp divisions between the US and China over Beijing’s control of the value of the Yuan.

 

Experts believe the Yuan could take over as the world’s reserve currency if China can meet expectations.

The C.E.O of Country Risk Solutions, Daniel Wagner said the global stage shows that China is leading in many respects.

He also said there is a paradigm shift as some of the lesser known counties are emerging as global powers.

However, the founder of International Strategic Alliances, George Koo believes apparent tension between the United States and China at the APEC forum can only damage America.