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    <font size="2" face="Arial">Dear CHERN community,<br>

      <br>

      I recently wrote an article for Phenomenal World on Empire, RMB

      internationalisation and China's construction of a parallel

      financial system. Maybe it's of interest to some of you :)<br>

      <br>

      Here's the link<br>

<a class="moz-txt-link-freetext" href="https://www.phenomenalworld.org/uncategorized/a-state-led-financial-empire/">https://www.phenomenalworld.org/uncategorized/a-state-led-financial-empire/</a><br>

      <br>

      All the best,<br>

      Johannes<br>

      <br>

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    <div class="moz-signature">-- <br>

      <p>________________________</p>

      <p>Dr Johannes Petry<br>

        Principal Investigator<br>

        StateCapFinance Project<br>

        Goethe University Frankfurt<br>

        <a href="https://johannespetry.com/">johannespetry.com</a></p>

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