The People’s Bank of China has become more communicative under its new governor, Yi Gang. Photo: Reuters
Miao Yanliang
Opinion

Opinion

Miao Yanliang

The People’s Bank of China is quietly reforming, opening up and taking its hands off the yuan

  • The Chinese central bank has become more communicative and adaptable under its new governor, Yi Gang. It is intervening less in the currency market and letting the yuan move towards the stability of a flexible exchange rate

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The People’s Bank of China has become more communicative under its new governor, Yi Gang. Photo: Reuters
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