>>81001
>On March 22nd 2018, the People’s Bank of China raised interest rates for open market operations by 5 basis points, hours after the Federal Reserve's decision to tighten monetary policy. It is the first rise for repo this year following the appointment of Yi Gang as China's new central bank governor.
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Also due to the weakness of their overstimulated economy shouldn't their currency have a rather low value anyway? They have currency controls unlike most nations which prevents the Yuan from flooding out of the country as would usually happen.