Yuanimal spirits
14 January 2011
Email
Share
A pilot scheme will allow Chinese investors to use their own currency to buy overseas, albeit with restrictions. That lays down the pipes to establish the renminbi as a global currency. But while the capital account remains closed, the yuan flow will be limited.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.