Oxford Economics' Fenner Sees USDCNY at 6.5 End of 2021

The video discusses the People's Bank of China's (PBOC) potential interventions in currency speculation, predicting a future depreciation of the yuan due to a stronger US dollar. It highlights factors like reserve requirements and market inflows affecting economic forecasts. The impact of manufacturing on economic growth is analyzed, noting challenges like input prices and supply chain disruptions. The video concludes with trends in consumption and private investment, emphasizing the role of vaccination and confidence in economic recovery.

In what ways are input prices affecting manufacturing growth in China?

What role does consumer confidence play in the future of consumption in China?