Yuan May Weaken to 6.8 Per Dollar by Year End, UBS's Wang Says

The transcript discusses the economic projections for the yuan, highlighting a potential depreciation and the PBOC's comfort level. It examines the impact of the trade war on market sentiments and the RMB exchange rate, noting China's economic challenges, including deleveraging and a potential debt crisis. The discussion also covers policy tools available to China to mitigate economic pressures, such as easing credit and infrastructure investment.

What is the forecasted end-of-year value for the yuan according to the text?

How does the market sentiment affect the depreciation of the yuan?

What are the potential impacts of the trade war on China's economy as discussed in the text?

What measures has China taken to address the debt-to-GDP ratio?

What strategies can China implement to cushion the economic impact from the trade war?