The People’s Bank of China’s multiple mandates—keeping risk in check, the government’s top economic priority, and steadying the yuan without triggering a cash crunch and stifling growth—are becoming harder to juggle.
WSJ.com: Asia Home, Wall Street Journal: Home Asia
Wed, 03/22/2017 - 7:59am
The People’s Bank of China’s multiple mandates—keeping risk in check, the government’s top economic priority, and steadying the yuan without triggering a cash crunch and stifling growth—are becoming harder to juggle.