Yuan Losses Sow Doubts on its Resilience

The video discusses the impact of a strong dollar on China's economy, focusing on the yuan's weakness. It highlights the role of aggressive monetary policy and rising treasury yields in this trend. The yuan is expected to weaken further due to factors like COVID-19 lockdowns and China's economic slowdown. Options traders anticipate further depreciation, with the yuan currently at 6.5 against the dollar and expected to reach 6.6. The video emphasizes the ongoing challenges faced by the yuan due to these economic conditions.

What impact do lockdowns and the COVID-0 strategy have on the yuan?

What is the outlook for the yuan moving forward according to the text?