China's Xi says they will maintain stable yuan

Author: Mike Paterson | Category: News

Chinese president Xi out on state radio 17 July

  • yuan to be maintained at equilibrium level
  • will push forward capital account convertibility in an orderly way
  • will continue good use of foreign investment
  • will accelerate market opening pace

Ya da ya da. More of the same.

                               China's Xi making good use of foreign investment