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Not necessarily. China doesn't really have many options, when it comes to parking USD. If USD collapses, 0 chance of that happening any time soon, then CNY woul
by JAlexoid 6y ago
Not necessarily.
China doesn't really have many options, when it comes to parking USD. If USD collapses, 0 chance of that happening any time soon, then CNY would probably take over the spot... That would balance out Chinese losses.