18.11.2010 - CIC's Lau sees fully convertible yuan in five years

From Thestandard.com.hk: China's yuan is expected to be fully convertible during the next five years at the earliest, Lawrence Lau Juen-yee, chairman of China Investment Corporation's Hong Kong office, said. But that does not mean it should have a free-floating exchange rate, the former head of Chinese University of Hong Kong told an economic forum..............................................Full Article: Source

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