We Have a Bearish Outlook on Renminbi, Says RBC's Lignos

The video discusses the interventions by the Chinese authorities to manage the yuan's depreciation, highlighting the PBOC's actions and the long-term bearish outlook on the currency. It also covers the impact of US-China trade talks on market expectations, with President Trump's comments on the timing of negotiations. The video further analyzes China's economic growth, focusing on the slowdown due to deleveraging efforts and the influence of dollar strength.

What action has the PBOC taken to manage the yuan's depreciation?

• Increased interest rates

• Introduced a higher fixing rate

• Implemented capital controls

• Decreased reserve requirements

What is President Trump's stance on the timing of trade talks with China?

• He believes it's the perfect time to negotiate

• He wants to delay talks indefinitely

• He thinks it's not the right time to talk

• He has already reached a deal with China

What is the expected impact of the Section 301 investigation on US-China trade relations?

• It will have no impact

• It will improve relations

• It will likely worsen relations

• It will lead to immediate tariff removal

What is the projected growth rate for China by the end of the year according to UBS?

• 7.0%

• 6.4%

• 4.0%

• 5.5%

What factor is contributing to the high Dollar-China exchange rate?

• Weakening US economy

• Strengthening euro

• Dollar strength

• Increased Chinese exports