Home PBoC Official: China will not use Yuan as tool in trade conflict

PBoC Official: China will not use Yuan as tool in trade conflict

Published date: 3 Jul. 2018 | 13:41

According to the latest headline floating on the wires, the head of PBOC’s research institute was noted saying that the recent Yuan weakness is not a result of PBOC guidance.

Additional quotes:

“¢ It is a result of changes in market expectations as external uncertainties rise.
“¢ China won’t use Yuan as a tool in trade conflict.
“¢ China is committed to multilateralism, globalization, and free trade.

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