Ten trends in a yuan float

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ANZ has produced an interesting note on the capital market and currency shifts we are likely to see in the build up to a full float of the Chinese yuan. To put it mildly, this is a big deal. The beginning of the end of US hegemony, if we’re not already past that point…

Greater China Weekly Insight, Offshore RMB Market Trends to Watch, 26 June 2012

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.