Shen Jianguang - Mizuho Securities Asia

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Last quote by Shen Jianguang

The capital controls will hurt the yuan's status and reputation. In the past two years, the status of the yuan as an international settlement and valuation currency, as well as the scale of the yuan's fund pool offshore, have fallen.feedback
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Mar 06 2017 RMB
This page is completely dedicated to what Shen Jianguang has to say. All of Shen Jianguang’s quotes are organized here by date and topic. The most recent quote attributed to Shen Jianguang came from an article called International yuan payment drops sharply in 2016 on depreciation and capital control: “Overseas merchandise buyers became reluctant to accept yuan against the backdrop of yuan depreciation. Exchange rate stabilisation has overriden yuan internalisation to be the major task [of the People's Bank of China], at least for 2017.”.
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