China has been moving, sometimes slowly and jerkily, towards turning the renminbi into afloating convertible currency and a reserve asset. The prospect of SDR membership mayencourage that process, or at least help to lock in what progress has been made so far. But itseems unlikely, by and of itself, to make a material difference to whether renminbi-denominated assets become a major part of the world’s foreign exchange reserves in themedium term.
中国一直在朝着将人民币转变成一种自由浮动可兑换货币以及一种储备货币的方向前进,虽然有时行动缓慢,脚步不稳。加入SDR的前景可能会鼓舞这一进程,或者至少有助于巩固迄今取得的进展。但中期内要使人民币资产成为世界外汇储备中的重要组成部分,单凭加入SDR这一点似乎不大可能起到什么实质作用。
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