USD/CNY Will Be at 6.5 by End of Year: BNP Paribas’s Sun

The video discusses the anticipated inclusion of Chinese assets in the Footsie Russell index, highlighting its potential impact on foreign investments and the CNY. It also examines the systemic risk posed by Evergrande in the Asia credit markets, noting the effects of COVID-19 on equity and credit markets. The discussion shifts to the renminbi trade, forecasting its appreciation and the economic growth divergence between China and other regions. The video concludes with an overview of China's upcoming five-year plan, focusing on domestic growth and market openness.

What are the potential risks associated with the Evergrande situation in China?

How does the current economic situation in China differ from that of the US and Europe?

What are the implications of the Chinese government's five-year plan for 2021 to 2025?