No easy option

27 February 2014 By John Foley

The central bank seems set on bashing speculators betting on a stronger yuan, without changing the currency’s long-term appeal. The trick is to target low volatility that fuels trades. But it’s a fine balancing act – and risks rewarding those who were betting on a China downturn.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)