There's room for the yuan to move faster, China isn't likely to bow to international pressure. It's probably a face issue, it's a matter of timing.
More Quotes from Nizam Idris:
The whole objective is to improve corporate governance and the banking sector is first because it is a key sector.Nizam Idris
It is always a concern, especially if it leads to higher interest rates as central banks deal with inflationary pressures. The question is how would that impact on consumption
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He has laid out a long-term plan for the economy and he's trying to get everybody on board. The speech was to rally people to his plan of making Singapore a world-class city with a world-class service center.
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