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China c.bank chief says plenty of room for monetary adjustments amid trade row

Reuters India 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.
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News video: U.S.-China Trade Talks Must Cover Currency

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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...

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