There is no indication that it will back-pedal on this latest ruling.
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On the one hand seeming to sort of back pedal on the issue that this is a scuttled summit.
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Mr Trump could back-pedal on protectionism, ignore or somehow improve Obamacare and maintain America's watchfully adversarial footing with Russia.
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Some fear that, despite its crackdown on Russian oligarchs, the country may back-pedal on fighting corruption out of desperation to show the economy can thrive after Brexit.
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Although Del Vecchio appeared to back-pedal on this during a shareholder meeting in November last year, there has been speculation about a power struggle behind the scenes.
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One concern for China has been has been the rate of capital outflows, which has prompted some economists to suggest Beijing should temporarily back-pedal on liberalizing reforms and tighten capital controls.
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However, the central bank appeared to back-pedal on its recent radical shift to negative interest rates, highlighting the dilemma the BOJ faces as it struggles to respond to renewed signs of economic weakness with dwindling policy options.
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The Reuters poll last month suggested these currencies had probably seen the best of a lukewarm year against the dollar as U.S. President Donald Trump was then expected to back-pedal on his conciliatory tone from the recent G20 summit.
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JOHANNESBURG (Reuters) - Most emerging market currencies have probably seen the best of a lukewarm year against the dollar as U.S. President Donald Trump is expected to back-pedal on his conciliatory tone from the recent G20 summit, a Reuters poll showed on Friday.
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China still owns the world's largest currency reserves, but it has been burning through them at such a pace that some think Beijing might soon have to allow a sharp fall in the yuan or back-pedal on liberalisation and tighten its capital controls.
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BEIJING (Reuters) - China still owns the world's largest currency reserves, but it has been burning through them at such a pace that some think Beijing might soon have to allow a sharp fall in the yuan or back-pedal on liberalization and tighten its capital controls.
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China's reserves are still the world's largest, but it has been burning through them at such a pace that some think Beijing might soon have to allow a sharp fall in the value of the yuan or back-pedal on liberalisation and tighten its capital controls.
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China's reserves are still the world's largest, but it has been burning through them at such a pace that some think Beijing might soon have to allow a sharp fall in the value of the yuan or back-pedal on liberalization and tighten its capital controls.
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The fact we had a shortfall in the jobs that could be related to a lot of things, certainly what's going on in California with the fires, but this will be well received by the markets as it's another sign that the Fed could back pedal on raising rates.
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The minister's refusal to back-pedal on his smoking ban earlier this year raised the hackles of publicans nationwide who claimed it damaged their business enormously.
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