Summary | In the interest of its own long-term development and
financial stability, China should continue to modernize its
financial system, strengthen its regulatory framework, and open
the capital account step by step until full convertibility is
within reach. In the long-term (10-20 years) if all goes well,
the RMB Yuan could become an international reserve currency. ...
financial stability, China should continue to modernize its
financial system, strengthen its regulatory framework, and open
the capital account step by step until full convertibility is
within reach. In the long-term (10-20 years) if all goes well,
the RMB Yuan could become an international reserve currency. ...
chinastakes.com | 19 December 2015