Debating FX reserves
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
There’s nothing we love more than a smackdown between officials.
That’s why we took notice of Lu Lei’s comments yesterday at the Caijing annual forum.
Lu is deputy director of the FX regulator. He was talking about FX management when he noted the need to be wary of liquidity mismatc...