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Renminbi to appreciate, become convertible by 2015, says Barclays
The currency is likely to appreciate due to China’s strong economic growth, and it could reach ‘basic convertibility’ by 2015, says Yiping Huang, chief emerging Asia economist of the UK bank.
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23 May 2012
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Latest news from GlobalCapital China
-
Chexim leads policy bank peers in onshore perp market
29 Jul 2021 -
Everbright Greentech sells carbon neutrality Panda
28 Jul 2021 -
Chexim debuts Rmb60bn perp
28 Jul 2021 -
Luso Bank prints Macau’s inaugural Panda bond
26 Jul 2021 -
The week in review: Chinese securities firms assigned annual ratings, PBoC tightens grip on listing of payment firms, Beijing cracks down on after-school tutoring sector
26 Jul 2021
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