PBoC on the RMB; Leading Group on Carbon Peak and Carbon Neutrality; US-PRC talks
Today’s Essential Eight items:
PBoC says RMB could go up or down, but don’t speculate in it - Expect a crackdown on speculators;
Leading Group on Carbon Peak and Carbon Neutrality - First meeting, chaired by Han Zheng, a sign the bureaucracy is being mobilized to achieve both;
Hong Kong, PRC - Election law changes pass Legco, Jimmy Lai’s bankers get a warn…