Researchers at the People’s Bank of China said the nation had coped better than Brazil, Russia and Indonesia with US Federal Reserve rate rises. Photo: Bloomberg

China central bank paper claims Beijing can make ‘impossible trinity’ possible

The nation has found a way to balance the competing goals of a stable yuan, a free market and central bank independence, researchers say

Topic |   China economy

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Researchers at the People’s Bank of China said the nation had coped better than Brazil, Russia and Indonesia with US Federal Reserve rate rises. Photo: Bloomberg
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