Former Chinese Central Bankers Say Currency War Risks Rising, Official Warns Of ‘More Measures’

Former Chinese Central Bankers Say Currency War Risks Rising, Official Warns Of ‘More Measures’

"More ensuing measures are likely coming", said Zhu Jun, director of the international division of the PBoC. Zhu's remark - all at once foreboding and ambiguous - came Saturday, at a China Finance 40 meeting in Yichun, Heilongjiang. Apparently, she didn't provide any additional color. Other officials present at the meeting struck a wary tone when discussing this week's rather dramatic events in the currency space. Although China sought to calm markets with stronger-than-expected fixes follo
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