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  1. Business - Money - Money

    Mainland slows down forex buying

    Posted Aug 24th 2012, 12:00am by JANE CAI

    ... began to slow significantly in October, and turned negative that month, as well as in November, December, April and July, according to the PBOC. Zhang Monan, a researcher at the Beijing-based ... the longest period since June 2002. Academics said the PBOC was likely to rely on such bond transactions, either directly or through repurchase contracts as a monetary tool in the future, replacing ...

    http://www.scmp.com/business/money/article/1022045/mainland-slows-down-forex-buying

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