For the renminbi to go truly global it needs more than just cross-border trade flows. China needs to make giant strides in the opening of its domestic capital markets to allow renminbi to flow more freely between China and the rest of the world. This will speed up the renminbi’s emergence as an investment currency and bring the ultimate convergence of onshore and offshore markets closer.
人民幣要想做到真正的國際化,只靠跨境貿易往來是不夠的。中國需要大刀闊斧地開放國內資本市場,以使人民幣能在中國與世界其他地方之間更自由地流動。這將加快人民幣作爲投資貨幣的崛起,並使在岸人民幣市場和離岸人民幣市場最終融合得更緊密。
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