China Vows to Keep Markets Stable, Deepen Yuan Reform

China’s central bank pledged to keep the country’s stock, bond and foreign-exchange markets stable, and said it will further promote the internationalization of the yuan to expand its use in...

By John Liu, Yujing Liu, Ying Tian · Bloomberg Markets

China’s central bank pledged to keep the country’s stock, bond and foreign-exchange markets stable, and said it will further promote the internationalization of the yuan to expand its use in cross-border payments.