People's Bank of China Deputy Governor Yi Gang at the World Bank Group Headquarters in Washington late last year. Photo: EPA
People's Bank of China Deputy Governor Yi Gang at the World Bank Group Headquarters in Washington late last year. Photo: EPA

China would ‘never’ launch currency war, says central bank vice-governor

Yi Gang says yuan is stable and no current need to follow US Fed in raising interest rates

People's Bank of China Deputy Governor Yi Gang at the World Bank Group Headquarters in Washington late last year. Photo: EPA
People's Bank of China Deputy Governor Yi Gang at the World Bank Group Headquarters in Washington late last year. Photo: EPA
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