Andrew Collier, Managing Director, Orient Capital Research spoke with Doug Krizner and Juliette Saly on the on PBOC’s official newspaper saying China should expand the yuan’s trading band. He sees a lot of downward pressure on the yuan. He also looked at the flurry of M&A activity seen early this week.
Running time 06:37
https://www.bloomberg.com/news/audio/2017-07-12/pboc-good-at-saying-one-thing-and-doing-another