China Yuan Weakening Not a Surprise, Says Macquarie's Wizman

China Yuan Weakening Not a Surprise, Says Macquarie's Wizman

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Business

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The transcript discusses China's economic strategy, focusing on low interest rates, currency depreciation, and maintaining growth amid challenges like tariffs and potential capital flight. It highlights the impact of US tariffs on China's policy and growth ambitions, emphasizing the need for a balanced approach to ensure competitive exports without making capital too expensive.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential consequences could arise from capital flight in China?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does China aim to balance its currency policy with its growth targets?

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