The Chinese yuan, also known as the renminbi, is already convertible under the current account - the broadest measure of trade in goods and services. However, the capital account, which covers portfolio investment and borrowing, is still closely managed by Beijing because of worries about abrupt capital flows.
Who said it?
We need to send a message of stability and confidence to the outside world
Antonis Samaras, the leader of Greece's main opposition party
To carry out the national plan of railway development, the ministry needs 800 billion yuan on average every year for the next five years to keep things moving on schedule
Railway engineer Wang Mengshu
Not being a lawyer is not a sacrifice for me, but giving up Cantonese Opera would be a sacrifice
Yvonne Wong Mong-shu, a former City University law student