Monday, 27 August 2018
China's new currency policy is a dovish signal in the trade war, analysts say
China's new currency policy is a dovish signal in the trade war, analysts say
China's central bank altered how it manages the country's currency, showing the yuan won't be a trade war weapon, analysts say.
President Donald Trump has accused China of "manipulating" the yuan.
The measure from the People's Bank of China comes as the U.S.-China tariff battle shows no sign of ending.
see :
https://www.cnbc.com/2018/08/27/china-yuan-counter-cyclical-factor-currency-tweak-is-trade-war-dovish.html
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