Increasingly divergent monetary policies between China and the United States have been a key concern of Chinese regulators. Photo: Bloomberg
Increasingly divergent monetary policies between China and the United States have been a key concern of Chinese regulators. Photo: Bloomberg
Yuan

China yuan: top financial regulators raise alarm over global inflation, tightening Western monetary policy

  • High global inflation has been highlighted as a significant challenge for China by central bank governor Yi Gang and top banking regulator Guo Shuqing
  • Sentiment towards yuan-denominated assets is weakening amid concern about zero-Covid and possible intervention in the foreign exchange market

Increasingly divergent monetary policies between China and the United States have been a key concern of Chinese regulators. Photo: Bloomberg
Increasingly divergent monetary policies between China and the United States have been a key concern of Chinese regulators. Photo: Bloomberg
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