The Chinese currency can become reserve currency of mottos
The Chinese currency, the Renminbi, is going to join the other international currencies probably as reserve currency, Mrs. indicated. Wu Xiaoling, former vice-governor of the central bank chief and currently complicates attaches the Commission of the finances and the economy being a matter for the national popular assembly (APN, Chinese parliament).
Wu Xiaoling made know his opinion in an article published yearly by the last edition of the big trade magazine Caijing.
For her, China must make some preparations on his economic structure and his financial organization to allow his currency to be internationalized.
Before making the Renminbi (yuan) has used like currency reserves of mottos by other savings, he should be allowed to be used for commercial payments between China and other countries and regions, she has analyzed.
In the neighboring countries of China, there are some calls to the use of the Chinese currency in the bilateral trade, she has explained.
A lot of countries have confidence in the Chinese currency and are anxious to adjust their commercial payments with a Chinese currency that stays strong. "China must create the conditions to make of the yuan has" international payment currency, she has underlined.
It is thus necessary to multiply and to widen the yuan transactions drawn in, to accelerate the process of complete convertibility of the currency and to provide ways of investments to the possessor of the yuan, added Wu Xiaoling.

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