China Unlikely to Let Yuan Pass 7 Per Dollar, Mizuho's Cheung Says

The video discusses the dynamics of currency depreciation, focusing on the Chinese yuan and its impact on the global economy. It highlights the significance of the yuan breaking the 7-level mark, potential overshooting, and the implications for China's FX reserves. The video also examines current market pressures due to trade war uncertainties and the potential global financial disruptions if China alters its US Treasury holdings.

What potential risks are associated with China selling off its U.S. Treasurys?

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In what ways could the depreciation of the Chinese currency impact investor confidence?

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