The High-Level Expert Group on Sustainable Finance met on Wednesday, 19 July. It was established by the European Commission in late 2016 to help develop its strategy regarding sustainable finance, a priority in the capital markets union action plan.
Several reputed investors have declared war on the RMB in recent days. How worried should we about an imminent collapse of the RMB? Should we believe Chinese policymakers stating that there is ‘no basis’ for big RMB depreciation?