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China's timely and effective control....>

CHINA PRESS
CHINA PRESS: China's timely and effective control of the coronavirus epidemic
and the accelerated resumption of production will provide fundamental support
for the stability of the yuan, according to a report in the PBOC-controlled
newspaper Financial News. Citing Guan Tao, a former official at the State
Administration of Foreign Exchange, the report said yuan assets had shown strong
resilience and had attracted long-term capital inflows in recent months. Guan
said China had ample room for macro policy manoeuvres to safeguard the stability
of its financial markets. 

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