The Chinese currency is growing in influence on the world stage and is on track to become one of the world's reserve currencies within a decade. But Eswar Prasad, senior fellow at the Brookings Institute and author of 'The Dollar Trap', tells the FT's David Pilling that it is unlikely to become a safe haven currency without significant institutional as well as financial reform.<br /><br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
