China’s central bank has been talking tough on currency reform while it has also intensified market intervention, highlighting the fine line it must walk in trying to liberalise the yuan.
- Mon
- May 20, 2013
- Updated: 8:26am
Trending topics
15 Jan 2013
Lawrence Summers, the former top economic adviser to US President Barack Obama, has said that the yuan is not as undervalued as it was five years ago.
5:26AM
29 Oct 2012
China has made extraordinary strides towards internationalising the renminbi, and it is now time the international community recognises that the global economic architecture needs to evolve to...
1:17AM
3 comments
18 Oct 2012
The yuan exchange rate is expected to remain strong in the coming quarters before a possible interest rate rise by the mainland in the second half of next year, according to investment bank Nomura...
4:47AM
15 Oct 2012
US President Barack Obama is plotting to transform his pitch to voters for the next debate with Mitt Romney who has seized upon his administration delaying action on Chinese trade practices until...
5:05AM
14 Oct 2012
China’s currency has reached its equilibrium rate and its value is mainly determined by the market, rather than intervention, Beijing’s central bank chief said on Sunday, signalling there is...
3:29PM
In Case You Missed It
Login
SCMP.com Account
or
Log in using a partner site
Log in using your Facebook account. What's this?
Don't have an SCMP.com account? Subscribe Now!