BofAML's Piron Sees More Depreciation to Come for Renminbi

The video discusses the uncertainty in trade affecting China's growth, the impact of FX reserves, and potential trade deals. It highlights China's economic policy responses, including RR cuts and infrastructure investments, and examines the challenges of capital outflows and economic rebalancing.

What are the potential implications of the trade talks on the Chinese economy?

How does the recent data on FX reserves reflect the state of the Chinese economy?

In what ways might the U.S. economy's condition affect China's economic strategies?

What are the challenges faced by China in rebalancing its economy?

What concerns are raised regarding the shadow banking system in China?