I wonder if this means that that the Chinese State will have less control over the Yuan but it means on a good note that it is a trusted and respectable player among world currencies..At least the Yuan is a much more solid fiat currency to invest in I think for the time being..
Don't go running to invest in it just yet!
Wouldn't it be good to invest in a bag of Yuan for long term? I would of course be looking out for the economic growth of China as well of course..That would impact my decision as well..Bur overall I see China as a more stable country than most at the moment..
