Yuan Won’t Be an Active Trade Policy Tool, Says BlackRock's Boivin

The video discusses the potential use of trade policy tools, focusing on the pressures on China to adopt a market-determined exchange rate, primarily from the US. It highlights the challenges in controlling such tools, especially in the context of market dynamics and devaluation. The analysis also covers the depreciation of the Rimbey and the complexities of determining competitive depreciation, considering recent growth and trade balance shifts.

What has been a significant factor in the pressure on China to move towards a market-determined exchange rate?

• Pressure from the European Union

• Pressure from India

• Pressure from the United States

• Pressure from Japan

What year is mentioned as being significant in the context of currency management challenges?

• 2018

• 2010

• 2012

• 2015

What is a major concern when opening the question of currency devaluation?

• Increasing exports

• Managing outflows and maintaining confidence

• Reducing imports

• Increasing foreign investments

What is a challenge in determining whether there is a competitive depreciation of the Renminbi?

• Lack of historical data

• Difficulty in pinning down exact factors

• Absence of market indicators

• Lack of government reports

What fundamental factor is mentioned as influencing the movement of the Renminbi?

• Government policies

• Inflation rates

• Interest rates

• Trade balance