PBOC out with another statement on yuan reforms 27 March
– PBOC aims to enhance Yuan’s role in investment , reserves and financial transactions
– will improve yuan regime steadily push forward with yuan;s convertibility on capital account
Is that yuan or yawn ? I know we’re all supposed to jump to attention when China speak but who exactly are they trying to address/impress with these oft-repeated mantras?
China says it will improve policy framework and infra-structure for cross-border yuan flows
