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Li KeQiang sets growth @ 7.5% - world is safe for another year...

interesting point was the doubling of cny trading band by Q2 - not surprising given the shakeup devaluation by PBOC last week

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http://www.bbc.com/news/business-26429663

(05-03-2014, 09:26 AM)AlphaQuant Wrote: [ -> ]Li KeQiang sets growth @ 7.5% - world is safe for another year...

interesting point was the doubling of cny trading band by Q2 - not surprising given the shakeup devaluation by PBOC last week

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http://www.bbc.com/news/business-26429663

The pace of RMB internationalization may be accelerated under the new leadership. It is consistent with the long term trend, by reducing control on the yuan.