Free Trial

China Should Deepen Yuan FX Market Trading-Guan Tao

CHINA PRESS
MNI (Singapore)

China should deepen exchange rate marketization reforms and accelerate the development of an onshore FX market to increase the flexibility of the yuan and reduce the dependence on quantitative policy intervention, Guan Tao, a former FX official and now the chief economist of BOC Securities wrote in an article published on the official China Forex magazine. China should expand trading entities, enrich trading products and relax trading restrictions to develop the FX market, and continuously improve the market adaptability of yuan internationalization, said Guan.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.