Renminbi Depreciation Is Not By Manipulation, Posen Says

Renminbi Depreciation Is Not By Manipulation, Posen Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses China's response to US tariff threats, emphasizing a preference for dialogue over the US's carrot-and-stick approach. It explores the potential depreciation of the renminbi, noting it will be orderly and slow. The video also addresses the debate on whether China's currency actions constitute manipulation, concluding that current market reactions are not manipulative. Finally, it examines factors leading to the strengthening of the US dollar, including tariff policies and fiscal measures.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the relationship between US tariffs and the currency of the countries involved?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the expected rise of the dollar?

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