China tightened regulation of capital flows in the wake of a messy 2015 devaluation. Photo: AFP China tightened regulation of capital flows in the wake of a messy 2015 devaluation. Photo: AFP
China tightened regulation of capital flows in the wake of a messy 2015 devaluation. Photo: AFP
China economy

Goldman Sachs economists warn China's yuan trading likely to become more volatile

  • Reducing reliance on the US dollar could avoid vulnerability Russia has faced with American sanctions on its companies
  • Convergence between the offshore traded CNH and the onshore traded CNY argued as likely

Topic |   China economy
China tightened regulation of capital flows in the wake of a messy 2015 devaluation. Photo: AFP China tightened regulation of capital flows in the wake of a messy 2015 devaluation. Photo: AFP
China tightened regulation of capital flows in the wake of a messy 2015 devaluation. Photo: AFP
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