The document discusses China's evolving foreign exchange policy, focusing on the transition from a crawling peg regime to a more market-determined central parity. It highlights concerns about capital outflows and the impact on China's foreign exchange reserves. The document includes data on external debt and domestic foreign currency deposits, suggesting significant capital outflows due to debt repayment.
documents/vol00010-efta01459583-pdf.pdf
{"title":"Global Economic Perspectives: China's evolving FX policy","document_date":"2016-01-15","document_type":"other","key_locations":["China"],"key_organizations":["PBOC","Deutsche Bank"],"reference_numbers":["DB-SDNY-0120089","SDNY_GM_00266273","EFTA01459583"]}