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Yuan free float may well become a reality: Pimco

Even without a free float, China could widen the yuan's trading band to signal a greater role for market forces: analysts
Friday, January 13, 2017 - 05:50

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Officials say China need not worry about a sharp fall in the yuan as the nation's reserves and trade surplus are still large, inflation is low.

Hong Kong

AS China's yuan swings back into the global spotlight, it might seem like an odd time for the authorities in Beijing to loosen their grip on the tightly managed currency. Yet for a growing number of analysts and investors, the prospect of a freely floating yuan - a Chinese

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