Renminbi convertibility remains top of Chinese reform agenda – HSBC


The internationalisation of the renminbi will remain a key focus of the Chinese authorities this year, with an operational plan for full convertibility expected by the end of 2013, according to HSBC.

At a briefing held in Hong Kong, HSBC Hong Kong chief executive Anita Fung emphasised the importance of – as well as the challenges around – further liberalisation of the Chinese currency ahead of it achieving full convertibility by 2015.

The market can expect to see "slower growth but faster reform

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: