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China c.bank advisor sees no cause for yuan to slide - official newspaper
December 14, 2016 / 1:08 AM / a year ago

China c.bank advisor sees no cause for yuan to slide - official newspaper

SHANGHAI, Dec 14 (Reuters) - There is nothing to suggest that the Chinese economy has any catalysts at present to pressure the yuan down in the future, the China Securities Journal quoted a member of the central bank monetary policy committee as saying.

Fan Gang also said the latest economic data showed that the Chinese economy was stabilising. Deflation had ended, overcapacity and corporate debt issues were starting to get resolved. (Reporting By Winni Zhou and John Ruwitch; Editing by Shri Navaratnam)

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