What is the significance of the Yuan breaking the 7 level against the US dollar?
China Unlikely to Let Yuan Pass 7 Per Dollar, Mizuho's Cheung Says

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It indicates a strong Chinese economy.
It could lead to capital inflows into China.
It suggests a stable exchange rate.
It may result in capital outflows and depreciation pressures.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What dilemma does China face when using its foreign exchange reserves?
Whether to increase interest rates.
Whether to invest in more US Treasuries.
Whether to defend the FX reserves or the currency value.
Whether to increase exports or imports.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might the trade war affect the Yuan in the near term?
It will lead to immediate appreciation of the Yuan.
It will put depreciation pressure on the Yuan.
It will have no impact on the Yuan.
It will strengthen the Yuan.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could be a consequence of China selling off its US Treasury holdings?
Strengthening of the global financial order.
Increased confidence in China's economic stability.
Disruption of global financial markets.
Immediate economic growth in China.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What impact might a significant drop in China's FX reserves have on investor confidence?
It will lead to increased foreign investments.
It will attract destructive effects on investor confidence.
It will have no effect on investor confidence.
It will boost investor confidence.
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