China has taken various steps recently to expedite wider and better use of the Yuan in cross-border trade and investment. Will the gradual rise of the yuan as a new global currency facilitate China's rise as a major trade, investment and financial power? And is it important to keep the pace of the yuan's internationalization in line with the country's actual need for sustainable growth?
 
The World Bank has predicted in its latest report that the world economy is moving from the post-crisis bounce-back phase of recovery to slower but solid growth this year and next, with developing countries contributing almost half of global growth. We will get a senior World Bank official's analysis on the global economic prospect, particularly the economic performance of China and Asia.