The report discusses concerns about the RMB's devaluation and depreciation, suggesting it is part of a transition towards a freely floating exchange rate. It highlights the impact of capital outflows on foreign debt repayment and the need for reforms to reassure domestic investors. The report also mentions the potential influence of the National People's Congress and a new Five Year Plan.
documents/vol00010-efta01459581-pdf.pdf
{"title":"Global Economic Perspectives: China's evolving FX policy","key_people":["Peter Hooper","Michael Spencer","Torsten Slok","Mark Wall","Matthew Luzzetti"],"document_date":"2016-01-15","document_type":"correspondence","key_locations":["China"],"document_subtype":"research report","key_organizations":["Deutsche Bank"],"reference_numbers":["DB-SDNY-0120085","SDNY_GM_00266269","EFTA01459581"]}