PBOC Governor Yi: China Has Lots of Policy Room If Trade War Worsens

The transcript discusses the potential for economic stimulus in China, highlighting the available monetary policy tools such as interest rates and reserve ratios. It emphasizes the flexibility and room for adjustment in these policies. The speaker also addresses the relative importance of numbers on a mathematical scale, suggesting that no single number is more important than another. Additionally, the impact of the trade war on currency stability is examined, with confidence expressed in the currency's strength compared to emerging and convertible currencies.

What impact does the speaker believe the trade war will have on currency stability?

In what way does the speaker express confidence regarding the currency's future stability?