With China Facing Currency, Liquidity Crises, Ex-PBOC Official Urges Use Of “Nuclear Option”
With China Facing Currency, Liquidity Crises, Ex-PBOC Official Urges Use Of “Nuclear Option” by Tyler Durden, www.zerohedge.com With the PBOC fighting tooth and nail to slow outbound capital flight, which according to Goldman has reached $1.1 trillion since August 2015, and which these days mostly means keeping the Yuan from depreciating to new all time …