Loading ...if they are denied “special drawing rights” backing their currency with a high amount of Gold then others may hold RMB just like they HOLD SWISS FRANCS as ASSETS .. but the RMB has to have staying power and maybe instead of devaluing may have to revalue like the Swiss did not too long ago to get there. That is to say it has to have high value to be included as an asset ..otherwise its just another cheap labor currency that must export.