President of the European Central Bank Mario Draghi has warned of risks surrounding euro-zone growth. An economic slowdown in China would add to the EU’s economic problems and to downward pressure on the euro. Photo: EPA
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

How the euro could become collateral damage in the US-China trade war as the yuan comes into focus

Neal Kimberley says if China accedes to US pressure to strengthen the yuan against the dollar, it would also result in a rise in the yuan’s value vis-à-vis the euro. This would be unpalatable to Chinese exporters and a blow for the euro zone

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President of the European Central Bank Mario Draghi has warned of risks surrounding euro-zone growth. An economic slowdown in China would add to the EU’s economic problems and to downward pressure on the euro. Photo: EPA
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