Bloomberg with some remarks from former PBOC adviser Yu Yongding
- China should not promote yuan internationalisation aggressively
- China should cut intervention in FX market
- China should step up capital control
Preview Mode
Ex-PBOC Yu - China should step up capital controls but cut FX intervention
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}