Is the PBoC in control? We're about to find out.
Last year I posted Breaking 7
Six long years ago I posted a think piece, Chinese Yuan Could Devalue 50% Or More. It wasn't a target, but a discussion of the potential for a declining yuan when all but small cadre of deflationists and China bears were focused on yuan strength.
Central bank chief Yi Gang is confident about the yuan. The headline below at CNStock.com, Shanghai Security News' website, says:
Special topic | Central Bank Discusses Exchange Rate Twice in One Day! Yi Gang: I am confident that RMB will continue to be a strong currency!
河南大学“文物级”礼堂遭焚毁 中国国务院安委会挂牌督办火灾事故
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5月2日深夜,正处于修缮施工期间的河南大学明伦校区大礼堂起火,火势凶猛。3日上午,礼堂房顶已经基本坍塌。该礼堂 […]...
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