To be sure, China remains far from embracing a free-floating currency, let alone a fully convertible one, which would require further liberalization of controls on cross-border financial flows. Unification of onshore and offshore markets is more important than a floating exchange rate in determining whether the International Monetary Fund will include the renminbi in the basket of currencies used to determine the value of its reserve asset, the Special Drawing Right.
诚然，中国的汇率远远没有实现自由浮动，更不用说完全可兑换了。后者要求进一步放松跨境金融流管制。对于IMF是否将人民币纳入决定其储备资产特别提款权（SDR）的货币篮子而言，在岸和离岸市场的统一比浮动汇率更重要。许多这一问题的评论者低估了货币应该是“可自由使用的”这一标准的重要性。