Photo Gallery: Transforming the Yuan into an International Currency 01/26/2011
 China's long-term goal is to become a country with an anchor currency. If that...
REUTERS

China's long-term goal is to become a country with an anchor currency. If that happens, other countries will have to maintain reserves of the yuan instead of the current reserve currencies, the dollar and the euro. China could then use its own currency to conduct transactions, gaining more favorable terms as a result, in its global shopping spree, such as in the commodities markets.