China in Deflation 2023 Q2 - What happened last time
No wonder Yellen and then Kissinger visited China recently.Looks like China has made an order for a lower US dollar.
A lower US dollar gives relief to emerging markets economies and as these are customers of China it helps her exports as well.
A lower US dollar allows inflationary forces to manifest and China needs some inflation right now.
How low will the DXY go?
China in Deflation 2023 Q2 - What happened last timeNo wonder...
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