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Is renminbi appreciation really on the cards?

26 November 2009

Recent comments by China's central bank that the renminbi has some room for adjustment have sparked another round of debate internationally about the need for appreciation. But what do China's economists think?

RENMINBI COMPASS

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Renminbi Compass, a new research service launched by the FT, aims to act as a navigational guide through the expanding universe of renminbi asset classes. With the Chinese currency gaining ever-wider acceptance around the world and Beijing taking steps to open its capital account, we are broadening our research coverage to include not only equity funds but also all other important renminbi asset classes, such as chengtou bonds, dim sum bonds, real estate, trust products, underground banking, art, antiques and several others.