Li Yang says China shouldn't follow US

China should not follow in the footsteps of the United States by starting a cycle of interest rate rises, former central bank adviser Li Yang said in an article published on Monday 7 August.

"Although people having this idea recognise the close relationship between the U.S. and Chinese economies, they are missing a significant difference in the two countries' economic fundamentals," Li wrote.

By keeping a gap between the two nations' rates, China is alleviating pressure for the yuan to

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

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: