Date:25th,May,2018       Venue:Shanghai,China

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Mr. Li: the monetary policy can be appropriate to relax a little
Source: | Author:201362231370694 | Publish time: 675 days ago | 411 Views | Share:

Mr. Li: the monetary policy can be appropriate to relax a little
 
Tsinghua university, China and the world economy research center director Mr Li said yesterday that the renminbi may have is a quasi international currency, inescapably, countries are focusing on the RMB exchange rate changes. He is on the 2015 summer davos BBS do the above said.
 
He thinks, if the currency devaluation, the main emerging market countries follow fall, China's large export product is priced in dollars, will not benefit from the exchange rate changes. Therefore, depreciation "is not good for us, is not good for the world is".
 
Mr Li's advice, the next few months or a year, temporarily don't move the exchange rate, if you want to make an issue of, on the monetary policy. He thinks that, under the precondition of capital account control, the monetary policy can be appropriate to relax a little, and the dollar to tighten monetary policy form a hedge.

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