Sep 9th, 2016

PBOC Advisor Would Like to See More Yuan Outflows

One of China's most senior economists says don't worry about a weakening yuan causing more outflows from China. PBOC advisor Fan Gang tells Bloomberg's Stephen Engle at the JPMorgan Asia-Pacific Treasurers Forum in Shanghai that outflows are actually a good thing for China. (Source: Bloomberg) (corrects name of event in description) (corrects guest title in the headline and description)