PBOC Said to Remove FX Forwards Rule

PBOC Said to Remove FX Forwards Rule

Assessment

Interactive Video

Business

University

Hard

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The video discusses the appreciation of the renminbi against a weak dollar and China's strategic approach to maintaining trade competitiveness. It highlights China's significant role in driving trade growth in Asia, not through increased imports but due to its own economic acceleration. The geopolitical risks, particularly concerning North Korea, are addressed, noting potential US sanctions on China. The video concludes with China's growing political influence in Asia, filling a vacuum left by the US under President Trump.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has the political landscape changed in Asia since the election of President Trump?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role is China looking to increase in Asia beyond being a trading partner?

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