PBOC Cuts Fixing Rate as Fed Decision Looms

The video discusses China's currency depreciation and the PBOC's interventions to stabilize the Yuan, aiming to be part of the IMF's SDR basket. It highlights the close movement of the US dollar and Yuan, affecting China's export competitiveness. The video also covers China's economic reforms, capital market development, and the importance of a liquid bond market for non-domestic investors. It concludes with an analysis of global growth, emphasizing the need to focus on demand from the US and Europe, and the potential impact on Chinese exports.

What concerns have been raised regarding China's communication with the market?

What potential impact could a slowdown in Chinese exports have over the next year?