More from the Working Group on USD Yuan trading:
Bit of a Catch-22. Can't invest directly in Chinese markets until the Yuan is convertible. And closed markets affect the Yuan's stability. But foreign demand, it's in the trillions:
China’s debt markets start to stir foreign appetite
https://www.ft.com/content/7c6708f6-8627-11e6-8897-2359a58ac...