The Shanghai free-trade zone is being used a testing ground for further capital account liberalisation. Photo: Reuters
BENJAMIN HUNG
Opinion

Opinion

Macroscope by BENJAMIN HUNG

Why China's yuan deserves SDR recognition by the IMF

China's pursuit of a more sustainable growth model through serious reforms indicates its political will to deliver greater convertibility

The Shanghai free-trade zone is being used a testing ground for further capital account liberalisation. Photo: Reuters
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