Chinese producer price inflation is now running at rates that annualize to double digits. Why would anyone hold paper yuan if this keeps up? Most Chinese and businesses haven't adjusted their yuan expectations. Can China stop yuan outflows into copper, cement, trucks, factories, steel, furniture, and even toilet paper? Chinese will hoard anything if it keeps value better than the yuan.
NBS: 2016年11月份工业生产者出厂价格同比上涨3.3%
Betting markets back Biden
-
Goldman with the update. White House Where things stand: President Biden
and former President Trump are roughly even in national polling, but Biden
trail...
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