Posted inBeijingChinaEuropean UnionShanghaiWorld

China caught in a conundrum over economic policy

Stay calm and don’t panic. Sound advice. But it appears no one is listening to Yi Gang, the People’s Bank of China governor. As fears grow of a trade war between Beijing and Washington, the world’s second-largest economy is suffering a severe attack of ‘jitteritis.’ Last week, Yi called for investors to “remain calm” after […]