Does China's Central Bank Know What It's Doing?
If you think the U.S. Federal Reserve has a problem communicating its intentions, spare a thought for the People's Bank of China. In the space of a few days, China's central bank has changed policy twice, and the message was largely unintelligible both times.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.