The internationalisation of China’s currency has stalled

Published: 12/10/2017
The internationalisation of China’s currency has stalled
Source: WWW.ECONOMIST.COM

ON OCTOBER 18TH, President Xi Jinping will preside in Beijing over the most important political event in five years. At the Communist Party’s 19th congress much will be made of the triumphs achieved in nearly four decades of reform and opening up. So expect a glossing over of one part of that process where progress has largely stalled: the “internationalisation” of China’s currency, the yuan. This

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