China Wants to Control Domestic Monetary Policy, Says Parry Global MD

The video discusses the recent market dynamics in Hong Kong, influenced by the tech sector and the NASDAQ. It highlights the impact of the Fed's hawkish comments on financials and interest margins, and China's long-term economic strategy, including the 2025 policy. The concept of the Impossible Trinity is explored, focusing on China's control over monetary policy, capital controls, and currency. The challenges of managing China's currency and FX reserves amid trade tensions are also examined.

What factors contributed to the recent rotation out of high valuations on the NASDAQ?

How do hawkish comments from the Fed influence the financial markets?

What is the 'impossible Trinity' in the context of economic fundamentals?

What implications does the trade war have on China's currency management strategies?

How has China's approach to monetary policy affected its currency management?