Last quote by Yu Yongding
Trump is threatening China as a currency manipulator, and we can't give him evidence [for such allegations].
Mar 06 2017
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 Yu Yongding is associated, including government and policy. Most recently, Yu Yongding has been quoted saying: “I don't think the government will really tighten monetary policy... It will cause problems very soon. You need to issue government bonds, carry out expansionary policy.” in the article New China central bank move points to gradual policy tightening for now. An other article where Yu Yongding has been quoted is To let the yuan fall or not? Beijing's big burning currency question.
Quotes by Yu Yongding
Jan 25 2017
I don't think the government will really tighten monetary policy... It will cause problems very soon. You need to issue government bonds, carry out expansionary policy.
Dec 21 2016
The fear of the yuan's depreciation has become a burden for us.
Nov 22 2016
We have capital controls as the last line of defense. It is not necessary for us to worry too much about the short-term and volatile depreciation in the yuan.
Nov 22 2016
Preventing the yuan from reaching market equilibrium is objectively a rejection of raising the cost of capital flight. It even encourages capital flight.
Oct 31 2016
The yuan will eventually appreciate, but it is hard to predict the time.
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