China's renminbi one year on: One step at a time from the PBoC

Published: Aug. 11, 2016, 10:57 a.m.

b'Stephen Gallo from the Bank of Montreal looks back at China\' s move to devalue its currency a year ago, and tells Michael Hunter that policymakers have since adopted a softly-softly approach to ensuring the renminbi can reflect the rebalancing of its economy while also adapting to conditons on the global market.


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