Your English writing platform
Discover LudwigExact(2)
Fully convertible yuan?
(Beijing is unofficially working for a fully convertible yuan by 2018).
Similar(58)
If necessary, Mr Wen says, the government will also control prices by "administrative means".Liberal-minded types will take some comfort from Mr Wen's promise to "press ahead" with making the yuan convertible for capital-account transactions, a commitment missing from his previous two reports.
To complete a wholesale opening of the financial sector, China will also have to make the yuan convertible.
The currency, the Chinese yuan, is convertible for only a narrow range of transactions, most related to trade.
China is committed to making its currency, the yuan, fully convertible, relaxing the controls that keep foreign money out and domestic money in.
It will certainly be the latter.China first promised to make the yuan fully convertible in 1993, setting the end of that decade as a deadline.
The document also called for China to get on and make its currency, the yuan, fully convertible, something it has been promising to do for two decades.The document repeated the party's earlier pledges to let the market determine prices of key resources such as water, oil, natural gas, electricity and transport.
Li said China should gear up to make the yuan fully convertible in the next five years.
When the yuan becomes fully convertible, it will benefit the development of Shanghai".
However, a merger will not make sense until the yuan becomes fully convertible.
More suggestions(2)
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com