Houston Community News >>

5/16/2009-- Nouriel Roubini, an economist, had forecasted that the Chinese Yuan is preparing to overtake the U.S. dollar as the world's reserve currency.

According to the Daily Telegraph of London, "Professor Roubini, of New York University's Stern business school, believes that while such a major change is some way off, the Chinese government is laying the ground for the yuan's ascendance."

Read More