Macquarie Group's Hu on China's Economy, Yuan

The video discusses the impact of the strong U.S. dollar on the yuan, highlighting that the yuan's recent weakness is largely due to the dollar's strength. It also examines China's economic indicators, such as the manufacturing PMI, and their influence on USD/CNY. The discussion covers China's industrial profits, the mild economic recovery, and expectations for policy changes post-party congress, including potential easing of the zero COVID policy. Lastly, it addresses geopolitical tensions, particularly concerning Taiwan, as a downside risk to economic forecasts.

What changes in China's zero COVID policy are anticipated after the party Congress?

What are the potential risks mentioned in relation to geopolitical tensions and their impact on the economy?