<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区

          Greater say needed on yuan's convertibility

          Updated: 2012-01-07 09:10

          By Wang Xiaotian (China Daily)

            Comments() Print Mail Large Medium  Small

          BEIJING - China won't refuse to make its currency increasingly convertible under the capital account, but the country needs a greater voice in defining "full convertibility" globally, said Zhou Xiaochuan, the governor of the People's Bank of China (PBOC).

          Greater say needed on yuan's convertibility

          Zhou Xiaochuan, the governor of the People's Bank of China, at a conference last December. [Photo/China Daily]

          "Because the International Monetary Fund (IMF) currently doesn't have specific standards on convertibility under the capital account, the definition of 'full convertibility' is discussable," said Zhou in an article published on Friday in the latest issue of China Finance Magazine, which is run by the PBOC.

          Therefore, the standards should be more flexible and China should participate in formulating methods to measure a currency's convertibility under the IMF framework, he said.

          Earlier this week Zhou said that the yuan will be freely convertible soon. "Now, we are not too far away from our goal of convertibility," he was quoted as saying by Caixin.com.

          The official Chinese timeframe for the realization of full convertibility of the yuan is prior to the end of 2015.

          Zhou added that currency convertibility doesn't mean giving up control of cross-border financial transactions, and said that it is reasonable to curb speculative capital flows when the international market registers unusual volatility.

          "Convertibility should be based on the necessary management of the country's foreign debt. Yuan convertibility doesn't mean that anyone can borrow money in the global market freely."

          In addition, China is not planning to develop any disputable financial derivatives products that may hurt the economy, and the country emphasizes that the free use of currency has a precondition that it must serve the "real economy", which produces goods and services, Zhou added.

          In 1996, China made the yuan convertible for trade settlement, but hasn't allowed transactions of local financial assets into foreign assets at market exchange rates, fearing that such a move would stoke real estate and equity bubbles.

          China will be able to liberalize the currency exchange rates in three years and full convertibility is a must if the country wishes to include the yuan in the IMF's Special Drawing Rights (SDR) currency basket as a reserve currency and float the yuan globally, said Huang Yiping, chief economist for emerging Asia at the investment banking division of Barclays Bank PLC, earlier at a forum.

          He added that liberalization of the capital account does not mean there will be no limit for capital flows, and that short-term capital flows could be controlled through use of the regulations governing Qualified Foreign Institutional Investors and Qualified Domestic Institutional Investors.

          "It is agreed that the renminbi is likely to become a candidate for inclusion in the SDR basket, but it needs to become more freely and widely used in international transactions," said John Lipsky, former acting managing director of the IMF.

          Meanwhile, market indications that the yuan's exchange rate had started to move in both directions, instead of merely appreciating, would make the authorities more willing to loosen the brakes on the capital account and let the market decide the exchange rate at its own pace, said Lu Zhengwei, chief economist at Industrial Bank Co Ltd.

          主站蜘蛛池模板: 成人福利国产午夜AV免费不卡在线| 国产精品中文一区二区| 夜夜添无码一区二区三区| 国产视频一区二区三区四区视频| 国产一区在线观看不卡| 国产片AV国语在线观看手机版| 亚洲av伦理一区二区| 日韩精品一区二区三区在| 亚洲av日韩av一区久久| 国产精品无码a∨麻豆| 丰满老熟妇好大bbbbb| 人禽交 欧美 网站| 蜜臀久久精品亚洲一区| 国产高清自产拍av在线| 亚洲精品三区二区一区一| 真人无码作爱免费视频| 久久国产精品色av免费看| 亚洲av成人无码精品电影在线| 久久一日本道色综合久久| 高潮迭起av乳颜射后入| 国产亚洲国产精品二区| 亚洲国产视频精品一区二区| 国产不卡一区二区精品| 刺激第一页720lu久久| 亚洲五月天一区二区三区| 亚洲乱码日产精品m| 偷拍视频一区二区三区四区| 免费人成在线观看网站| 亚洲中文一区二区av| 狠狠v日韩v欧美v| 国产精品线在线精品国语| 欧洲性开放老太大| 国产精品一区二区久久精品| 2022亚洲男人天堂| 国产精品国产三级国产试看| 欧美肥老太wbwbwbb| 无码人妻av免费一区二区三区| 亚洲熟妇自偷自拍另欧美 | 在线播放国产女同闺蜜 | 亚洲精品久久麻豆蜜桃| 97精品亚成在人线免视频|