While China runs absolutely massive trade surpluses thanks to being nearly the sole exporter of masks, gloves, PPE, other medical and…
by Jason Burack of Wall St For Main St
While China runs absolutely massive trade surpluses thanks to being nearly the sole exporter of masks, gloves, PPE and other medical and pandemic related equipment, China’s currency, the Yuan, has been allowed to strengthen by the PBOC, China’s Central Bank, to around 6.5 Chinese Yuan to the Dollar the last few months.
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