Illustration: Craig Stephens
Illustration: Craig Stephens
Andy Xie
Opinion

Opinion

Andy Xie

How US inflation spiral could tip superpower rivalry in China’s favour

  • China’s financial system could soon be strong enough to withstand a stronger yuan, leaving the US vulnerable to a currency shock
  • Floating the renminbi could tip the US deeper into inflation and turmoil while giving Beijing free rein in international affairs

Illustration: Craig Stephens
Illustration: Craig Stephens
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