Debt mismatch calls for renminbi convertibility
China suffers a mismatch in its net investment position, with assets in foreign currency and liabilities in renminbi
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In this article
- Gradual rebalancing
- Options and constraints
- Sterilisation
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_350.jpg "A 100 dollar banknote placed above Chinese 100 yuan banknotes in Beijing (Reuters/Petar Kujundzic)")