Neither the word "free" nor "float" is present in that article - so I'd say no the article does not discuss that.
China's goal is weakening the dollar, I don't think they are after reserved currency status.
In any case, moving from USD -> Yuan would pose the same risk as people may perceive with USD today.
Having a single currency controlled by one nation is too risky.
alt Hacker News
China's goal is weakening the dollar, I don't think they are after reserved currency status.
In any case, moving from USD -> Yuan would pose the same risk as people may perceive with USD today.
Having a single currency controlled by one nation is too risky.