Monday, 5 November 2012

Yuan to become convertible within 5 years: HSBC - MarketWatch

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Yuan to become convertible within 5 years: HSBC

MarketWatch


“We think interest rates will be liberalized, the bond market will double in size, and the [yuan] will become convertible within five years,” said HSBC analysts led by China chief economist Hongbin Qu, who expect the changes to make capital allocation ...



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