TOKYO -- Although China's market-liberalization efforts have been rather muted since 2015, when the International Monetary Fund announced it would add the yuan to its Special Drawing Rights basket, IMF Managing Director Christine Lagarde on Wednesday said Beijing remains on the right course.
"The political will to have that currency included is certainly a signal that there is no way back, only a way forward," Lagarde said during an exclusive interview with The Nikkei. "The Chinese authorities have done what was necessary and continue to do so."
