But capital-account convertibility would make the yuan subject to the vagaries of market forces .
但资本项目下的可兑换将使人民币受到变幻莫测的市场力量的左右。
China has recently moved more quickly towards full convertibility , inducing frenzied market excitement .
近期中国向人民币完全可兑换前进的步伐相当快，引发市场高度兴奋。
Note that qualified verb , and the implied distinction between full convertibility and free convertibility .
请注意这里的修饰动词，以及“全面可兑换”和“自由可兑换”之间隐含的区别。
And since a stronger yuan would make full currency convertibility a more realistic objective , chinese exchange rate appreciation would bring china closer to putting itself at the heart of international monetary reform .
Analysts say the country is likely to move gradually towards greater convertibility over the next five years , but chinese officials haven 't given a specific timeline for reaching full convertibility .
