The internationalisation of the renminbi is expected to continue to pick up pace, alongside the ongoing liberalisation of China's exchange rate, capital account and domestic financial market.
You hear a lot of that line these days. Who says the yuan is funny money? There are almost as many fancy ways of losing money in it as there are in US dollars now.
Just you wait. The day will come when you will ask for a burger in a McDonald's outlet in New York and the slinger will say: "Yes, sir, 15 yuan please." It's the coming thing.
Unfortunately, it's been coming a bit more slowly recently, and in some ways it has never come at all. The gateway to yuan internationalisation has been that strange thing, a door that lets outsiders in but does not let insiders out.
Take, for instance, all the hoopla about yuan deposits in Hong Kong, a virtually non-existent business a few years ago but one that topped out at 637 billion yuan (HK$778.3 billion) late last year.
What happened was that importers in China had long sought to pay their bills with yuan, but the idea found few takers until outsiders were allowed yuan convertibility and saw a money-making bet in a currency that was appreciating by 5 per cent a year against the US dollar and offering higher bond yields, too.