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
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