Now let's have a look at what economists are saying about the yuan at the Lujiazui Forum in Shanghai.
|Yi Gang: Vice President of PBOC|
Yi Gang: Vice President of PBOC
Pegging to one main currency causes foreign exchange policy lose flexibility.
Li Daokui: Professor of Tsinghua University
The appreciation of the yuan has little impact on foreign exchange reserve.
Ha Jiming: Senior Economist at CICC
Yuan will be more valuable, but won't appreciate rapidly.
Charles H. Dallara: Managing Director of IIF
Renminbi won't appreciate quickly.