Li speaking from Singapore
- China is willing to improve free trade through discussion
- World has benefitted from free trade
- Global uncertainties rising
Meanwhile, overnight rates for the CCNH in Hong long are at their highest in a month 9since October 11)
Related to intervention in the yuan
- Looks like intervention in the yuan - China state banks selling USD/CNY
- Goldman Sachs on the yuan, the PBOC, and 7
more to come