China may widen the trading band but it will be a very small widening, maybe 3 percent. It's not likely for China to go for a big adjustment at one time.
The government really wants to slow down investment, but it can't control local governments who have a big incentive to invest more because it leads to higher economic growth in their regions and promotion for local officials.
The new managed floating currency regime is just an interim system. There is a chance of a further widening of the band in the not-distant future, but it will go step by step.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.