Yuan Seen at 7.5 Per Dollar in 2019, RBC Capital's Trinh Says

The video discusses the economic challenges facing China, focusing on the potential impact of breaking the 8 mark in the Dollar China exchange rate. It highlights the trade war with the US and China's growth-at-all-cost strategy, which includes questionable banking measures and significant credit risks. Despite stable FX reserves, the video suggests that the RMB faces negative pressures. The discussion also covers the fading credit impulse and the limited impact of recent stimulus measures, with a pessimistic outlook for China's economy.

What is the main concern regarding the Dollar-China exchange rate discussed in the first section?

• The influence of European markets

• Whether it will break 8

• If it will stabilize at 6

• The impact of US interest rates

What strategy has China adopted in response to its economic challenges?

• Reducing exports

• Growth at all cost

• Austerity measures

• Increasing foreign investments

What measure has China taken to support private enterprises?

• Increasing taxes

• Mandating loans to private enterprises

• Reducing import tariffs

• Subsidizing exports

How have China's FX reserves behaved compared to 2015-2016?

• They have been stable

• They have decreased significantly

• They have fluctuated wildly

• They have increased dramatically

What does the Chinese stock market indicate about the economic outlook?

• A positive future

• Stability in the economy

• Improved trade relations

• Worse times ahead