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Chinese Yuan At Lowest Level Against The US Dollar In 16 years

Socom7 said:
China is facing an economic crisis, and like everything involving China it's going to be massive.

This could force Xi to accelerate his war plans.
Click to expand...

This is more likely to slow it down. China has historically always tried to undervalue the Yuan. Theyre a manufacturing, export economy at which point the lower your currency value the better. What could speed it up is the youth unemployment rate, their reaction and how quickly they expect China can recover. If i was a young unemployed chinese person, id take this as encouragement, id be putting away the placards for another month or two in anticipation of more jobs becoming available.
 
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