China is resisting pressure to let the yuan gain or to initiate a formal tightening policy. The...

|By:, SA News Editor

China is resisting pressure to let the yuan gain or to initiate a formal tightening policy. The government's main goal is to cap inflation, says PBOC's Zhu Min, and the "current accommodative fiscal and monetary policy" will continue. (ETFs: PGJ, FXI)