Chinese economy is stable – PBOC Vice-Governor Fan Yifei

By FXStreet FXStreet (Mumbai) – Speaking at a forum over the weekend, Fan Yifei, PBOC Vice-Governor noted that the Chinese economy is stable and its structure is improving.

While he continued to maintain that foreign trade surplus provides a solid foundation for a stable yuan exchange rate and stable financial markets.

Fan added the PBOC will continue to open up domestic financial markets, relaxing quota limits for foreign investors and allowing them to invest in more products.
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Source:: FX Street