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Former China SAFE official says conditions are favorable for yuan to trend higher in 2023

Former China SAFE official says conditions are favorable for yuan to trend higher in 2023

Bank of China International's global chief economist and a former official at the State Administration of Foreign Exchange Guan Tao has an op-ed in China's Global Times.

It's a long piece and worth a read. He concludes by noting that the yuan will rise based on China's economic fundamentals:

  • With the optimization of pandemic responses and relaxed real estate regulation, the acce... Read More
Posted: Jan 23 2023, 04:23
Author Name: forexlive
Views: 110255

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