they are pushing for change at agl, which is one of australia's biggest supporters. play more to come. this is bloomberg. ♪ shery: asia and central bank has intensified efforts with china having a statement on the yuan. for more, let's bring in china effects and rates reporter. i do wonder how much this will help and for how long when you have rate differentials playing apart. not to mention we just heard from a top white house official that there won't be such a thing as a plaza accord this time around. >> the pboc is basically trying to stabilize the sentiment. more of the same messaging. earlier today they told traders to stay rational. the pboc issued a statement yesterday saying they were warning corporate's against a one-way betting. they are trying to dampen the behavior. they did say you will lose money if you bet against the yuan. the timing is interesting. the pboc had to fix the yuan at a slightly less strong fix, which kinda gave the green light for the offshore yuan to kind of seeing to that record low. but after the pboc announcement yesterday he offs