More on the PBOC's 'yuan flexibility' piece

Headline is here: PBOC official - Raise tolerance on yuan's 'flexibity'

(There are a few links in that post on why the 'currency manipulation' claim was always utter garbage and was never going to be made, check them out as educational pieces, if needed).

Anyway, more now, this is Zhu Juan, head of PBOC's international department:

• China should make the yuan more free to use
• China should reduce the possibility of capital outflows triggered by lack of confidence in the yuan
• Says the yuan has faced devaluation pressure recently

(OK ... he says depreciation pressure, but its not a floating currency so I'm gonna stick with the devaluation term)

• Macro-economic policies should be more market-oriented, flexible and transparent