Panmure's French: China as a Currency Manipulator

The video discusses the depreciation of the yuan since 2015, driven by capital controls and foreign exchange reserve spending. It examines China's currency manipulation, using economic levers to maintain a stronger yuan. The potential imposition of a 45% tariff on Chinese imports by the US is analyzed, highlighting its impact on the yuan. The video concludes with a discussion on China's economic stimulus efforts, including fiscal and monetary measures, to stabilize markets and avoid past financial disruptions.

What potential impact could a 45% tariff on Chinese imports have on the yuan?

Discuss the implications of the new Silk Road initiatives as mentioned in the text.