# China: How opening up the financial sector could affect the yuan | articles | ING THINK

> ING analyst Iris Pang comments on remarks by PBOC Governor Yi Gang that China's financial sector can open further. She argues that this likely excludes the capital account for now and that the yuan has tracked the dollar index.

- Date: 2019-03-25 · published 2019-03-25T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/60331-china-how-opening-up-the-financial-sector-could-affect-the-yuan-articles-ing
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Currency mechanism and capital account changes affect yuan volatility, which influences the cost of Chinese imports of feed commodities.

## Read by commodity

- USDCNY: neutral

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## Sources

- think.ing.com: https://think.ing.com/articles/china-how-opening-up-the-financial-sector-may-affect-the-yuan/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.