China c.bank chief says plenty of room for monetary adjustments amid trade row
Sunday, 14 October 2018 () China central bank governor Yi Gang said on Sunday he still sees plenty of room for adjustment in interest rates and the reserve requirement ratio (RRR), as downside risks from trade tensions with the United States remain significant.
According to Reuters, U.S. Treasury Secretary Steven Mnuchin said on Friday that he told China’s central bank chief that currency issues need to be part of any further U.S.-China trade talks and expressed his concerns about the yuan’s recent weakness. Mnuchin also told Reuters in an interview...
Global finance chiefs feel that simmering trade tensions are already denting global growth. People’s Bank of China governor Yi Gang said that a lot of people... IndiaTimes - BusinessAlso reported by •Reuters India