The Chinese yuan trades around its highest in six years, and that’s raising questions how much more strength authorities will tolerate. The central bank is asking financial institutions and enterprises to step up their exchange-rate risk management and refrain from making one-way bets on the currency. Enda Curran reports on “Bloomberg Daybreak: Asia.”
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China Urges Banks to Cap Speculation as Yuan Surges
Never trust or invest in the CCP in China and their corporations or debt.
Never trust China dictatorship.
They've made BTC illegal. Of course they have to bid it. Watch the PLA.
How is slow growth and a strong currency bad?
THERE IS a run on USD, where else can they go ?
China bitcoin ?
please open a door.
hey guys, lets just keep kicking the can 😀
who is buying yuan lol
Nonesense. If PBOC doesn't like the YUAN's appreciation, they can easily revert it. The story is they allow the YUAN's appreciation without intervention. The YUAN's price action now reflects the true changing value versus the USD. It manifests the longer trend for the USD versus RMB is down.
ᴠᴇʀʏ ɴɪᴄᴇ… ♥️❤️
China’s currency is strengthening because they actually produce goods and export them. Not that hard to understand. The USD is dead
AGAIN CHINA ECONOMY CANNOT AVOIND ITS NATIONAL DEFAULT ANND SELL OFF CHINA YUAN + H.K$ AND BUY GOLD!!!!! CHINA 4TH Q GDP GROWH WILL BE REALLY LOWER THAN MARKET'S EXPECTATIONS!!!!!!!
AGAIN CHINA GDP GROWING SPEED CANNOT CATCH UP WITH ITS GROWING SPEED OF DEBT!!!!!!!!! TIME TO BUY GOLD!!!!!:)
AS I'VE SAID MANY TIMES THAT CHINA'S 4TH Q GDP GROWTH WILL BE MUCH WEAKER THAN MARKET'S EXPECTATIONS!!!!!!!!!!!!! IT WILL BE (-) GROWTH FROM SAME 4Q OF 2020!!!!!!!!!
RIGHT NOW CHINA'S JUNK US$ BOND RATE IS BETWEEN 20%-25% BUT CHINA 10 YR BOND IS STILL BELOW 3.0%!!!!!! IT IS INSANE CRAZY!!!!!!!!!! CHINA CANNOT AVOID ITS NATIONAL DEFAULT FROM ITS FINANCIAL ENGINEERING PROBLEM!!!!!!!!!!!!
AGAIN SELL OFF CHINA YUAN + H.K$ AND BUY GOLD!!!!!!!! THIS NOV + COMING DEC WE WILL SEE ANOTHER HUGE IMBALANCES BETWEEN ITS PPI VS CPI VS ITS UNEMPLOYMENT RATE MEANS CHINA'S SYSTEMIC RISK IS GOING TO ONLY GET WORSE AND WORSE!!!!!:)
THE WORLD WIDE MAREKT SYSTEM IS BEING TOTALLY DISTORTED BY THE US FED AND CHINA SO IT DOES NOT MATTER WHETHER THE ENERGY PRICES ARE GETTING MANIPULATED JUST LIKE BOND YIELDS FROM HERE BY THEM, STOCK + BOND MARKETS CANNOT GO FURTHER FROM HERE!!!! AGAIN BUY GOLD IT WILL BE GOING UP TO THE LELVE OF 4K$ FROM 1.8K$ NOW!!!!!!!:)
CHINA BECAME A HUGE VENEZUELA IT WILL NOT BE OUT OF ITS SEVERE STAGFLATION, WHICH IS ALREADY DEVELOPING INTO DEFLATION!!!!!!:)
Poland can close temporary railroad shipments containers from Asia to European Union because Belarus border situation
AGAIN IT IS A BIG TIME TO GO A BIG SHORT CHINA + H.K$!!!!!! ITS SYSTEMIC RISK HAS BEEN DEEPER AND DEEPER!!!!!!!:) AND BUY GOLD!!!:)
Wait until CHINA realizes that federal reserve notes aren't good wealth management products?
When you haven't got a chair in a 100000 seat football stadium the music has stopped ?
Dolla, dollar bill!
PBOC is the only major Central Bank that's not printing cash by the trillions… I don't see how they could prevent the Yuan from appreciating vs USD or Euro. The Fed and BCE are leading the world on the path of massive inflation, I'd have hoped the PBOC will protect their currency better
From our point of view, the us millitary is the real backup of the greenback. once the us army defeated, the us dollar syetem will collapse.
Only in China where they don’t like their currency to be strong ! If they can’t control it, it would have already overtaken USD in value, perhaps they fear that their goods will become so expensive ??
China doesn't want to be too conspicuous too early. China still wants to hide behind the United States.
Government intervention everywhere…but i'm sure they will have 8% "growth", LOL. Nothing to see here, these aren't the droids you're looking for. Thank god i am not involved in China.
China's yuan is a soft non forex currency, so it has no official value at all outside of China.
DEFEND TAIWAN! FREE TIBET! SAVE XINJIANG! LIBERATE HONG KONG! REVOLUTION OF OUR TIMES!
Hezekiah 5 (all) something is wrong with the land I think. Sorcery seems abound. Stay in the Father's house. Look up the land of Shinar and see what that represents. What does Jesus call a thief? Stay in the Father's house. Share this with others. I am also having sleepless nights and sorcery attacks. The two other Abrahamic houses will struggle with this passage….
Surprisingly there is no nationalists came here to cheer strong country, strong currency.
The only thing I took from this is that we need to permanently detangle our economy from China's toxic country in every sense of the word and if it harms us and the rest of the world oh well we shouldn't have let it get to this point anyway. They are the world's largest polluter. World's most infamous police and surveillance state. World's worst state-sponsored genocide. And the world's most out of control military. I don't care about their little 70th anniversary of the Communist Nightmare party. Or their 2049 modernization goal for their 100th. Their government has infested it''s nefarious tentacles around the Earth and it must be eradicated. United States Marine Veteran signing off. 😡
the west will continue to decline while china surges are reemerges as a true global power. free money here folks