bank

4

China Central Bank in need of a cash infusion, RMB to depreciate?

http://www.thechinaperspective.com

The central bank has been the main advocate within China for a stronger yuan. But it now finds itself increasingly beholden to the finance ministry, which has tended to oppose a stronger yuan. As the yuan slips in value, China’s exports gain an edge over the goods of other countries.

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nstanosheck's picture
Hao'd by nstanosheck 12 weeks 3 days ago- – Made popular 12 weeks 2 days ago
Category: China Business   Tags:
5

A banks tale

http://www.joecool.dk

A tale of how difficult it is to transfer money from abroad to a Chinese bank.

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joecool's picture
Hao'd by joecool 12 weeks 6 days ago- – Made popular 12 weeks 6 days ago
Category: China Business   Tags:

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