Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy.
With the Background of this approach the blog will deal with the implications for Investment decisions.
The author believes that China and the Asia Pacific Region are and will be the powerhouse for the
global economic growth for years to come.
It will also cover IT because of its momentum driver for economic growth.
Thursday, 11 July 2013
Renminbi has become more market oriented
Yi Gang, deputy governor of the People's Bank of China said in Washington on Thursday that the two-way fluctuation expectation of Renminbi (RMB) exchange rate indicated that the Chinese currency had become more market-oriented.