20171021_Economist Day14(The internationalisation of China’s currency has stalled)_英语_学习_201710

全文大意：

人民币国际化其实已经停止。

一年之前，人民币成为加入SDR的第五大货币，从而取得历史性的突破。然而人民币国际化进程在过去两年里却倒退了。

这很大程度上是中国政府自己导致的：严格的外汇管制。

周小川提出三驾马车：增加外贸与投资；更加市场化的外汇利率；更宽松的资本控制。

然而这么做将带来极大的不确定性，这与现有政府的追求稳定的方向不一致。

The internationalisation of CNY currency has actually stalled.

One year ago, RMB joined in the market of IMF's SDR(Special Drawing Right) as the fifth big currency, which was regarded as a historic progress,

but in fact the internationalisation progress falled back.

And the constraint of the internationalisation was due to the stringent capital control,

which meant it was self-imposed.

Mr Zhou called for the concept of trioka of targets: increased foreign trade and investment; more market-based exchange rate; a relaxation in capital control

However, this will lead to unpredictability, which is contradicted by the watchword of stability by the Xi government.