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- People’s Bank of China governor Yi Gang says Beijing will not devalue yuan to boost exports or ease trade tensions amid the US-China trade war
- China’s foreign exchange intervention has long been a political target in the United States and Donald Trump vowed to declare China a currency manipulator in 2016
Central bank governor Guido Sandleris says the two sides ‘have reached a consensus’ on the deal, days after the IMF approved a US$56 billion loans package to help the nation stabilise its battered economy.
Central bank governor Guido Sandleris says the two sides ‘have reached a consensus’ on the deal, days after the IMF approved a US$56 billion loans package to help the nation stabilise its battered economy.
There’s a favourite, a possible and an outsider, but all have the same mission in mind: to finish ongoing reforms on interest and exchange rates, while maintaining China’s stability and adoption of a bigger global role.
There’s a favourite, a possible and an outsider, but all have the same mission in mind: to finish ongoing reforms on interest and exchange rates, while maintaining China’s stability and adoption of a bigger global role.
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