We Are at a Level of Fair Value for Renminbi, Says Allianz's Chief Economist

We Are at a Level of Fair Value for Renminbi, Says Allianz's Chief Economist

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Business

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The transcript discusses the current valuation of the renminbi, suggesting it is at a fair level and not subject to active manipulation by China. It highlights China's economic strategies to maintain stability, including potential currency stabilization measures. The discussion also covers the impact of the ongoing trade war on China's growth and potential retaliation measures, emphasizing the global economic risks of escalating tariffs between the US and China.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's outlook on China's economic growth amidst current challenges?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might China retaliate if trade tensions escalate with the US?

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