China: Yuan is finally showing some muscle in international trade

Ignoring the yuan’s rise because of China#39;s recent economic troubles might be a mistake. Thanks to the country’s cumbersome capital controls, sending cash out of China has always been problematic and unpredictable. But that is poised to change now as the country takes small steps towards full capital account convertibility

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​ Ignoring the yuan’s rise because of China#39;s recent economic troubles might be a mistake. Thanks to the country’s cumbersome capital controls, sending cash out of China has always been problematic and unpredictable. But that is poised to change now as the country takes small steps towards full capital account convertibility Ignoring the yuan’s rise because of China#39;s recent economic troubles might be a mistake. Thanks to the country’s cumbersome capital controls, sending cash out of China has always been problematic and unpredictable. But that is poised to change now as the country takes small steps towards full capital account convertibility  Moneycontrol Latest News Read More