China September Exports Unexpectedly Tumble 10%

The video discusses the economic challenges faced by China, focusing on weakened global demand for Chinese goods and the lack of a turning point in Chinese manufacturing and exports. It highlights the significant drop in Chinese export growth, as discussed at the IMF, and explores potential policy responses by Beijing, such as currency devaluation. The discussion also touches on the risks associated with further currency weakening, including capital outflows.

What policy prescription is suggested for China in response to the export challenges?

What concerns might arise from allowing the currency to weaken further?