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news Scmp World 2026-04-26

China can learn from the euro's structural lessons for its yuan

Economist Daniel Gros examines the structural tensions shaping economic ties between the EU and China. He uses the experience of the euro to provide insights into the development path of the Chinese yuan.


Daniel Gros is the director of the Institute for European Policymaking at Bocconi University. Previously, he served as an adviser to the European Parliament, collaborated with the European Commission as economic adviser to the Delors Committee, which developed plans for the euro, and worked at the International Monetary Fund. In this interview, Gros examines the structural tensions shaping EU-China economic ties, draws lessons from the euroโ€™s experience to analyse the yuanโ€™s...

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