Everyone is talking about it!
Here's a take from the Economist, talking about possible responses from the US that might lead China to reconsider its position on the currency issue. Others have also made predictions that China will do some revaluation before the year is out.
What I would like to know, and I suppose what many people would like to know, is what discussions are being had behind closed doors. Are Chinese leaders talking to people like the academics from my last post? Are they thinking about it purely in terms of a US v. China trade spat or are they more focused on the internal risk factors? Are they too busy buying up property in Hainan to care?
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