Yu Yongding, a former adviser to the People's Bank of China, has a bold idea to stem the yuan's slump: Let it float. Policy makers should stop intervening in the currency market and preserve foreign reserves, Yu, a former academic member of the ... Bloomberg, 2 weeks ago
PBOC's crawling peg is flawed, should be abandoned - more detail - Nasdaq, 3 weeks ago
Battle for the Yuan: How China's Big Mama Hurt Speculators - American Journal of Transportation On-Line, 1 week ago
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The People's Bank of China (PBOC) faces a dilemma. After nearly a decade of trying to curb expectations of continued currency appreciation (spurred by China's current- and capital-account surpluses), it finally succeeded in the first quarter of ...Malaysian Insider, 1 week ago Yu Yongding proposes an alternative to the PBoC's costly strategy of propping up their exchange rate MyInforms, 2 weeks ago A floor for the renminbi Livemint.com, 6 days ago
Comments from Yu Yongding crossing Bloomberg The TL;DR version appears to be 'Let 'er rip!' Whats actually crossing is: Suggests China Adopting loose monetary policy Suggest china adopting expansionary fiscal policy Advises China adopting ...Nasdaq, 2 weeks ago
(Mumbai) - Some analysts have called for a new currency fix plan according to which China is to let the yuan fluctuate easily against a basket of currencies within a trading band. The trading band be 4 per cent to 15 per cent, meaning the range of ...FXStreet.com, 1 week ago Yuan Basket Plan Gets Momentum as Singapore-Style Fix Floated La Repubblica, 1 week ago
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China will probably have to step up capital controls as even the world's biggest foreign-exchange stockpile won't be sufficient to defend the yuan, according to Societe Generale SA. If 65 million residents, or about 5 percent of the population, ...Hellenic Shipping News Worldwide, 1 week ago Chinese face options over yuan flows Taipei Times Online, 1 week ago China Said to Curb Foreign-Exchange Buying Under Current Account Bloomberg, 2 weeks ago Here's What China Is Doing to Tighten the Noose on Capital Flows La Repubblica, 2 weeks ago
"Shock and awe" is not quite what it used to be. It still carries a punch, especially for traders long the Japanese yen or short EM and stocks. The yen surged 2% against the dollar (more vs. EM) Friday on the Bank of Japan's (BOJ) surprising move to ...Safe Haven, 1 week ago
The offshoreyuan advanced the most in more than a week asthe currency's share of global payments rose to a three-month high and Chinese official media stressed the nation isn't headed for a hard landing. China has adequate tools to use if growth ...Bloomberg, 2 weeks ago
(Bloomberg) -- China's stocks headed for their biggest two- day loss since the depths of last year's market rout as slumping industrial companies profits increased concern the economic slowdown is deepening. The Shanghai Composite Index dropped ...La Repubblica, 2 weeks ago
Invitation Only Research Event Add to Calendar Shenzhen, China International Economics Department Participants Tamim Bayoumi , Deputy Director, Strategy Policy and Review, IMF Nicolas Veron , Senior Fellow, Bruegel Yu Yongding ...Chatham House, 2 weeks ago
With continued uncertainty in global markets, today a legend in the businesswarned aboutthe depletion of China's massive reserves and a potential derivative nightmarein the crude oil market. Here is a portion of today's note from Art Cashin: ...Peak Oil, 1 month ago
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