Bag of Salt Territory. Please find where Xi Jinping called the Yuan a Global Reserve Currency

This was published by the Financial Times and as usual the press from the west pumped up the non-existent volume:

Chinese President Xi Jinping has called for making the yuan a global reserve currency. He has for the first time explicitly stated his intention to give the Chinese yuan the status of a global reserve currency.

In an article for the party magazine “Qiu Shi”, he emphasized the need to create a “strong currency” that will be widely used in international trade, investments, and foreign exchange reserves.

To achieve this goal, he said, China needs a powerful central bank, globally competitive financial institutions, and developed international financial centers.

What does a ‘strong currency’ have to do with a global reserve currency?  And this from a Russian source that cannot spell the name of the party magazine.

You are free to take a look in the English version exactly where Xi Jinping called the Yuan as a reserve currency.  https://en.qstheory.cn/

From the Sirius Report:

Much is being made of a speech Xi made in January 2024 and that it was now apparently leaked to the media and is talking about utilising the RMB as a world reserve currency, which is an incorrect characterisation for starters.

Secondly and funny how we talked about it in our own subscription podcast series in episodes 1873 & 1874 on January 17th 2024, one day after the speech. As ever, you can be informed, or entertained.