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China's central bank condemns foreign media reports on yuan
China's central bank on Friday condemned two recent news reports from foreign media outlets published this week about the country's currency reforms and monetary policy. The People's Bank of China (PBOC) said in a statement on its official Weibo account on Friday the reports "fabricated facts, misled readers, misled markets," and that it reserves the right to take legal action. The statement referred to the headlines of two news articles published this week but did not name the news outlets. The two headlines referenced belong to articles published this week by the Wall Street Journal and Bloomberg. The Wall ... (full story)
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