China gets back to work on RMBi

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

China gets back to work on RMBi

usd vs rmb 230px
3d illustration of dollar versus yuan on checkerboard | ninever - Fotolia

China’s substantial liberalisation of its onshore capital market has given a new lease of life to the internationalisation of the RMB. But if the RMB is to succeed as a truly global currency, China must reverse measures introduced three years ago, provide access to hedging as well as liquidity and risk-management instruments, and eventually allow its currency to float. Paolo Danese reports.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article