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They are mostly easing, but they've also put new restrictions on Chinese businesses buying up foreign companies, since they've been on a bit of a spree recently
by soVeryTired 9y ago
They are mostly easing, but they've also put new restrictions on Chinese businesses buying up foreign companies, since they've been on a bit of a spree recently.
Edit: in Jan 2016 the yuan really was going through the floor and people thought the sky was falling in. These latest actions just mean the PBOC is more comfortable with the range the currency is trading in.
https://www.ft.com/content/e17483b4-96ab-11e7-a652-cde3f882dd7b https://www.ft.com/content/e17483b4-96ab-11e7-a652-cde3f882d...