Last quote by Yang Zhao
The higher U.S. rates and tightening of U.S. monetary policy could trigger further capital outflows and have some negative impact on China's financial system. I think they want to stabilise the currency at this time.feedback
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Yang Zhao is associated, including pressure and deposit. Most recently, Yang Zhao has been quoted saying: “You can't buy real estate. You can't purchase anything. Basically you can only park that FX in your deposit account onshore with interest rates that are very low.” in the article Few people seen selling yuan for dollars on first day of China's forex quota re-set. Some other articles where Yang Zhao has been quoted include China bank lending heads for record as November new loans rise despite debt fears.
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Quotes by Yang Zhao
Jan 03 2017
You can't buy real estate. You can't purchase anything. Basically you can only park that FX in your deposit account onshore with interest rates that are very low.feedback
Dec 14 2016
With the property market cooling down, I would expect that loan growth faces downward pressure next year. I don't think there is a fundamental improvement in investment demand by corporates.feedback
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