China moves slowly on yuan convertibility

  • 11 years ago
China continues to develop special trade zones to lure foreign investment and as part of the process of liberalising and internationalising China's currency - the yuan.

Right now the yuan's value is kept in a tightly controlled band against the dollar, but when it becomes fully tradable it has the potential to be one of the most important currencies in the world.

...
http://www.euronews.net/

Recommended