Opinion: China’s central bank governor battles falling yuan, cooling property market

Business & Technology

"The challenge of cooling down an overheated property and bond market while side-stepping an economic hard landing would test the abilities of any central banker," writes Karen Maley. "To do this at a time when the currency is also under pressure and your country risks being labeled a 'currency manipulator' by the United States will not only require consummate skill, but also a certain degree of good fortune."