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Originally Posted by chinaforex888
I am getting very excited! When it does happen the volume will be huge! JPY missed it's chance about 10 years ago when the world approached them to be the central Asian currency the same as the EUR is for Europe. Now that Bush and many other World leaders are asking China to step up, they are. China's RMB has already been accepted in many Asian countries for years. For example shops in Thailand have often accepted payments in RMB over EUR for many years.
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Correction. I have lived in Thailand for over a decade. Although I'm not living there in the past few years, I visit Thailand every year. I've never heard/seen any shops in Thailand accept RMB period. A few shops accept US dollar, but never RMB.