China Is Walking a Tight Rope, Says Fidelity's Stevenson

The video discusses the discomfort among Bloomberg clients regarding Xi Jinping's handling of trade discussions, focusing on China's strategic use of currency rather than tariffs in trade wars. It highlights the risks of capital flight and the importance of monitoring FX reserves for signs of currency support. The video also explores the potential investment opportunities in the Chinese market, considering the low PE ratios of Chinese stocks compared to bonds.

What strategies does China employ to manage its currency?

What is the current state of Chinese stocks compared to bonds?