Decoding China’s institutional reforms; what Yi Gang as central bank chief entails

SinoInsight 1 China’s renminbi-denominated crude oil futures are set to be listed on the Shanghai International Energy Exchange on March 26. Due to China’s foreign exchange controls, the RMB exchange won’t be fixed by the markets. The RMB crude oil futures provides foreign investors with a legal tool to short China’s currency. OUR TAKE America’s …

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