Valuation-wise Renminbi Starting to Look Cheap: Le

The video discusses the current state of the RMB and its valuation against the Dollar China, highlighting the impact of China's stimulus measures. It explores the PBOC's stance on FX depreciation and market equilibrium, noting the gradual weakening of the RMB. The analysis extends to the Taiwan Dollar, emphasizing its potential due to strong equity inflows and low correlation with other currencies.

What factors are contributing to the current valuation of the RMB according to the text?

How has the PBOC's approach to FX depreciation changed recently?

What is the significance of the real effective exchange rate mentioned in the text?

Discuss the relationship between the RMB and the Taiwan dollar as described in the text.

What role does the anticipated US Federal Reserve policy play in the RMB's future according to the discussion?