China Insider with David Zhang
@chinainsiderwithdavidzhang·1.4M subscribers·1.8K videos
Chinese Yuan is done: Uncovering China's Deflation Crisis and Yuan Devaluation
Posted
August 17, 2023
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August 17, 2023
38,435
2,481
329
7.31%
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11:22Now PlayingThe Chinese economy is in deflation. And the Chinese yuan to USD exchange rate hits a low of 7.3—that's what the CCP considers a "political bottom line". Amidst the worst economic state in China, what does it mean if the Yuan falls further?
We explore the impact of deflation on China. And how the Yuan's devaluation is indicating the collapse of the Chinese economy. All signs show chaos looming. An impending doom due to Chinese consumers losing trust in the government and the CCP.
#dedollarization #chineseyuan #china
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