China's Currency Controls Crush Yuan Bears

The video discusses China's recent short squeeze and its impact on the currency market, particularly in Hong Kong. It highlights the differences from last year's events, focusing on China's capital controls and the People's Bank of China's (PBOC) strategies. The video also analyzes offshore yuan rates and compares Chinese interventions over the years, emphasizing the liquidity shortage engineered by Chinese authorities to control the currency and deter yuan bears.

In what ways has the People's Bank of China (PBOC) improved its communication this year compared to last year?

What are the potential effects of Fed rate hikes on China's capital controls?