Last year when we discussed the situation of China-US trade war, we believed that it would take time for a "#tradewar" to turn into a "financial war", said CF40 member Chen Yuan. 1/5 cf40.org.cn/uploads/201909…
Exchange rate lies at the core of financial markets. It even occupies a more fundamental place in money markets as #exchangerate policy can impact a country’s money supply, inflation and economic growth. 2/5
For China, #exchangerate represents a price ratio that bears very close relations with countries involved, their enterprises and individuals. It is a key measurable index. 3/5
What approaches the US will adopt after raising the issue of exchange rate? If the exchange rate dispute continues, how far and how long will its influence go? 4/5
From Japan’s experiences, #foreignexchange problems can lead to negative impacts such as#realestate bubbles and financial bubbles. Its positive influence is that it forced Japanese businesses to look for new investment opportunities in the global market. 5/5
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