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China could let its tight grip on the yuan go without triggering a sustained market disruption, according to the majority of respondents in a Bloomberg survey. The People's Bank of China (PBOC) is considered able to manage this transition without causing long-term instability in the market.
When you see inflation data like this from China, and then look at how far $CNH has strengthened against $JPY over the past 4 years, you wonder how long the PBOC will continue to fight against market forces. Capital flight risks are one thing, deflation another. https://t.co/TBFBtoc4Sa https://t.co/jV1jfXx6t8
China could let its tight grip on the yuan go without triggering a sustained market disruption, according to the majority of respondents in a Bloomberg survey https://t.co/sjnQ7HMTPn via @economics
#China | #PBOC Able to Let #Yuan Go Without Long Disruption, Survey Shows - Bloomberg
