Peoples Bank of China on the wires
- will strengthen two-way flexibility
- encourages foreign institutions to issue yuan- denominated bonds in China
- will continue to push for Yuan's inclusion in IMF SDR basket
- will encourage foreign central banks to include yuan assets in their forex reserves
I'm sure they're queuing up as I type
- studying plans to abolish quota limits on investment in China's bond market by foreign central banks
And there was peace and love throughout the kingdom
More from the PBOC here
