The markets' optimism follows the China central bank's weekend announcement it was unshackling the yuan from its DE facto 23-month-old peg.
周末,中国中央银行宣布解除人民币对美元实际上长达23个月的挂钩之后,市场反应非常乐观。
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Unshackling the banking sector entirely from such Depression-era regulatory chains may be the only way to reverse the 20 year structural decline of the Banks.