Yi Gang, deputy governor of the People's Bank of China, said the currency’s full convertibility will be a priority for Beijing. Photo: Xinhua

Beijing promises currency reforms, but on its timetable

Chinese officials in US say yuan will be made more convertible, but only after capital outflows are cut and corporate debt is curbed

Topic |   China economy

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Yi Gang, deputy governor of the People's Bank of China, said the currency’s full convertibility will be a priority for Beijing. Photo: Xinhua
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