"private Chinese citizens with the means to do so will exploit every legal and illegal means to get their capital out of China and out of the yuan"
If that happens the smart money will sell dollars and buy CNY assets. There are a lot of dumb money in China and they are always the guys who buy at the top.
"private Chinese citizens with the means to do so will exploit every legal and illegal means to get their capital out of China and out of the yuan"
If that happens the smart money will sell dollars and buy CNY assets. There are a lot of dumb money in China and they are always the guys who buy at the top.
"private Chinese citizens with the means to do so will exploit every legal and illegal means to get their capital out of China and out of the yuan"
If that happens the smart money will sell dollars and buy CNY assets. There are a lot of dumb money in China and they are always the guys who buy at the top.