- will help China’s exports
- uncertainty on cross-border capital flow to increase
- extra liquidity to challenge capital flow regulation
- says PBOC “understands” ECB’s bond buying programme
Peoples Bank of China dep gov speaking to reporters in Beijing
Preview Mode
PBOC’s Pan says ECB QE puts additional depreciation pressure on yuan versus USD
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}