A labourer works on a construction site in Beijing. Many argue circumstances are far from ideal for China to consider lifting all capital controls. Photo: Reuters

Following IMF’s nod for the renminbi, it’s up to Beijing to decide when to lift all capital controls

Donald Gasper believes the IMF decision to use the renminbi as a reserve currency will strengthen the international monetary system, as China navigates its way to fully opening its capital account

Topic |   Yuan

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A labourer works on a construction site in Beijing. Many argue circumstances are far from ideal for China to consider lifting all capital controls. Photo: Reuters
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