Tis from a PBOC representative in the last few days.
Very interesting.
If the Yuan becomes a reserve ccy, watchout below for the USD.
Gold will be a big beneficiary in my view as the USD plummets gold will rise in USD terms.
The Chinese are also accumulating a lot of gold & I think that will continue as the PBOC obviously sees gold as an important reserve asset.
http://www.lbma.org.uk/assets/events/BMF2015/yao1.pdf
