Photo Gallery: Transforming the Yuan into an International Currency 01/26/2011
 The Chinese leader said in interviews that the world's monetary system, with...
REUTERS

The Chinese leader said in interviews that the world's monetary system, with the US dollar as its reserve currency, was a "product of the past." China is also well known for the exports shipped out of cities like Shanghai, pictured, here, but it would also like to transform the city into a financial capital.