Battle lines are being drawn in Beijing — in a way no one expected this year. On one side are traders ready to bet there is not much the central bank can do to limit the renminbi’s remarkable rally; on the other is the People’s Bank of China, whose heavy hand and ability to control the market are well known.
在北京,战线正变得分明,而这是所有人今年没有预料到的。一方是交易员,他们准备押注于央行没有多少手段遏制人民币引人注目的涨势;另一方是manbetx3.0 央行(PBoC),它控制市场的强硬手腕和能力尽人皆知。
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