The People’s Bank of China’s internet finance dilemma

shu-271914650-renminbi-china-laptop-internet

There never seems to be a reprieve for China's central bank, the People's Bank of China (PBoC). First were decade-long allegations that the bank was behind Beijing's strategy of undervaluing its currency, the renminbi, to gain unfair trade advantage. As the renminbi steadily increased in real value in the last five years and even gained an official membership of the International Monetary Fund's basket of reserve currencies in 2015, however, the PBoC became embroiled in another battle against ma

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: