China remains the engine for global growth - 7IM
Matthew Yeates from 7IM says it was the surge in Chinese PPI/factory gate prices that set the markets on fire long before Trumpflation happened. Yeates explains the unique inflation situation in China - high PPI and low CPI, which gives ample scope for the PBOC to hold rates unchanged.
China remains an attractive investment destination given the political instability across the advanced world.
What if Trump labels, China as a currency manipulator? How would markets react? Listen to the full segment for detailed discussion on the issue.
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