Yu: China Can't Afford Any More Policy Mistakes

The video discusses China's economic situation, focusing on the recent depreciation of the Chinese currency and its implications. Experts debate whether investors have been ignoring China and the potential impact of policy mistakes. The role of the renminbi in managing inflation expectations and the delicate balance China must maintain is highlighted. The future trajectory of China's currency and its global economic implications are also explored.

How does the Chinese government view the depreciation of their currency in relation to inflation expectations?

What psychological impact does the number seven have on high net worth Chinese households regarding currency depreciation?