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View Full Version : China Must 'Think Carefully' About Yuan as Reserve Currency, WB's Lin Says - Bloomber



NewsWhore
01-15-2012, 06:10 AM
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China Must &#39;Think Carefully&#39; About Yuan as Reserve Currency, WB&#39;s Lin Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH4VxKGxvMXP0vXewLH8bwP1bfxkg&url=http://www.bloomberg.com/news/2012-01-15/china-must-think-carefully-about-yuan-as-reserve-currency-wb-s-lin-says.html)
Bloomberg
China needs to “think carefully” about whether to make the yuan a reserve currency as the nation is still a middle-income country and its capital markets are not sophisticated, Justin Lin, the World Bank&#39;s chief economist, said in Beijing. ...

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