The Chinese national flag flies above the People's Bank of China head office in Beijing. Photo: Bloomberg
The Chinese national flag flies above the People's Bank of China head office in Beijing. Photo: Bloomberg
Yuan

China’s currency curbs merely ‘temporary’ to stem yuan’s outflow, central bank chief says

People’s Bank of China governor Zhou Xiaochuan indicated that yuan flows will return to normal once the markets stabilise, HKMA’s chief Norman Chan said

The Chinese national flag flies above the People's Bank of China head office in Beijing. Photo: Bloomberg
The Chinese national flag flies above the People's Bank of China head office in Beijing. Photo: Bloomberg
READ FULL ARTICLE