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China’s Stimulus Takes A Backseat To Save The Yuan | Michael Howell

Market Depth

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The Leadership Change That's Going on at the PBOC

Michael Howell from cross-border capital. Welcome to the market depth podcast Well, it's great to be here Western very good to see you. Thank you for joining me on such short notice But we have had quite a week. I had this thesis basically put out Regarding the leadership change that happened very under the radar over the like the 4th of July weekend last weekend At the PBOC and we have basically a new gentleman in who is very much an FX Markets and you know you on management not just reputation, but actual role He's also the director of safe Which oversees three trillion and their effects reserves and all that. So my thesis being that This leadership change that's going on at the

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