Commentary: US-China deal raises critical questions
By Mark Sobel in Washington
Washington has announced that it has reached an understanding with Beijing on a stable renminbi. The conditions for stability are ripe. Trump’s rhetoric on China trade has softened. China’s aggressive accommodation policies of recent months may be showing signs of stabilising the economy. In short, an agreement on currency stability is likely if there is a trade deal. However, this raises critical questions. First, the parties must determine whether the deal would be exhortative or binding.
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Wednesday 6 March, London, 8.15 GMT
Morgan Després, head of the Network for Greening the Financial System secretariat, run by the Banque de France, will discuss how central banks aim to mobilise capital for green and low-carbon investments. Topics include the standardisation and integration of data and metrics that inform environmental, social and corporate governance criteria.
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