- ThefreeconvertibilityoftheReminbiwilleventuallybeinstituted.WemustpushforwardthefreeconvertibilityoftheRMBstepbystepinanorderlymanner.ThefollowingconditionsarerequiredforthefreeconvertibilityoftheRMB:first,astrongnationalstrengthen;A:Thecentralbankha...
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- Buttheysufferfromlimitedcurrencyconvertibilityandalackofinvestmentopportunities.Theyseemtobeworrieditwillputmorepressureonthemtomovetowardscurrencyconvertibilitythantheywouldlike....
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- safety,profitability,liquidityandconvertibilityTheydroppedthepoundconvertibility.RMBbasicconvertibilityandFXmarketdevelopment;RMBconvertibilityandchinasFXmarketdevelopmentstrategy;second,theachievementofconvertibilityundercapitalaccount;AfterRMBcurre...
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- Thechiefroadblockismacro:theyuan'slackoffullconvertibility.Yetwhiletheswaparrangementsdonotsignalfullconvertibility,theyareanimportantstepinthatdirection.Ofcourse,eventuallyeveryonehopestoseefullconvertibilityundercapitalaccountandtheendofthespiltbe...
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