HSBC’s Qu Says Not Surprised at China Yuan Announcement: Video
June 21 (Bloomberg) — Qu Hongbin, chief China economist at HSBC Holdings Plc, talks with Bloomberg’s Haslinda Amin about China’s currency policy. China said on June 19 it will allow a more flexible yuan, signaling an end to the currency’s two-year-old peg to the dollar a week before a Group of 20 summit in Toronto. Qu, speaking from Hong Kong, the outlook for China’s economy and the nation’s demand for US Treasuries. (Source: Bloomberg)