China’s currency could fall sharply if trade relations with the US break down. Photo: Reuters
China’s currency could fall sharply if trade relations with the US break down. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Be careful what you wish for Mr President, a stumble in relations could send China’s currency for a tumble

The incoming administration in Washington should recognise that Beijing has spent US$800 billion defending its currency in recent times

Neal Kimberley
Neal Kimberley

Updated: 10:57pm, 13 Dec, 2016

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China’s currency could fall sharply if trade relations with the US break down. Photo: Reuters
China’s currency could fall sharply if trade relations with the US break down. Photo: Reuters
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