We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Reverse psychology

6 August 2018 By Pete Sweeney

The central bank has reinstated a rule that makes it more expensive to short the currency. By turning back to 2016-style measures, Beijing slowed the slide. It also telegraphed where the yuan is heading. That will encourage capital outflows and complicate efforts to boost growth.

This content is for Subscribers only

To access full Breakingviews.com 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)