China Unlikely to Lose Control of Yuan: TPW's Pelosky

China Unlikely to Lose Control of Yuan: TPW's Pelosky

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Interactive Video

Business

University

Hard

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The video discusses the recent weakness in the Chinese currency, which is rare, and contrasts current reserve requirement policies with those from a year ago. It highlights China's control over its currency and its policy flexibility to handle economic challenges, including COVID-19. The discussion also touches on the reopening of production in Shanghai.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What flexibility does China have to deal with its current economic situation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has China's response to COVID-19 differed from the rest of the world?

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