Nine months ago, China’s central bank announced it would make the yuan more market-based. However recent documents have shown that the PBOC has now abandoned the policy. Joe Quinlan, Chief Market Strategist at US Trust-BoA Private Wealth Management in New York discusses what has caused this back-pedalling.

<p>  <p>Nine months ago, China&rsquo;s central bank announced it would make the yuan more market-based. However recent documents have shown that the PBOC has now abandoned the policy. Joe Quinlan, Chief Market Strategist at US Trust-BoA Private Wealth Management in New York discusses what has caused this back-pedalling.</p>

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