Kenix Lai

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Last quote by Kenix Lai

The frequent intervention will weaken investors' confidence in the PBOC on whether it really is willing to liberalise the renminbi market as well as the credibility of its policies. Too much intervention in the market is negative in terms of boosting yuan internationalisation.
Jan 13 2016 RMB
Kenix Lai has most recently been quoted in an article called China winning offshore yuan battle, but may be losing the war. Kenix Lai said, “The frequent intervention will weaken investors' confidence in the PBOC on whether it really is willing to liberalise the renminbi market as well as the credibility of its policies. Too much intervention in the market is negative in terms of boosting yuan internationalisation.”.
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