🗨️ How China Announces New Financial Policy

“When they want to alert the world about some new [financial] policy, the first comment is often from an analyst in a state-owned bank.” Next, typically, is a statement by a central banker. And finally, at a later date, the policy is officially announced, explains Lacalle. This is what happened when China devalued the yuan in 2015, for instance. “It is subtle but efficient.”

Source: Is China softening on Bitcoin?

Related to: 🌰 the thing about China and BTC is– does it matter

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