8 Aug 2022 China+ Monitor External Headwinds Build for China, and the Renminbi will Suffer
5th Aug 2022 15:16China+, Daily Monitor, Weekly Monitor
China’s current account balance fell in Q2, despite strong trade balance figures.
The hit from the income account is unlikely to be repeated, but tailwinds are fading.
Export growth must slow, and compression of demand can’t go much further.
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