Morgan Stanley Sees China's Yuan Still Behind Yen by 2027
Chinese one-hundred yuan banknotes sit stacked for a photograph at the Korea Exchange Bank headquarters in Seoul, South Korea. (Photographer: SeongJoon Cho/Bloomberg)

Morgan Stanley Sees China's Yuan Still Behind Yen by 2027

(Bloomberg) -- While China’s financial markets are likely to develop significantly over the coming decade, use of the nation’s currency in the global financial system will continue to lag behind, a...
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