The PBoC cut the RRR in September 2017, but it takes effect on January 25, 2018.
iFeng: 央行:预计普惠金融定向降准2018年1月25日全面实施
反倾销调查持续 欧盟聚焦中国钢铁制品
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欧盟宣布对产自中国的部分钢铁制品、木地板展开反倾销调查,对前者调查预计持续14个月,欧盟可能在7至8个月内征收 […]...
something strange.. Pboc has cut the reserve ratio to fill the monetary hole from capital outflows.. But yuan has been strong since 2017.. Do you think there are other issues?
ReplyDeleteI think yuan strength is largely dollar weakness. The yuan and euro have seen similar moves.
ReplyDeleteJeffrey Snider of Alhambra has talked about what the other issues might be: Confirming the Big Change In 2017