After the RMB exchange rate broke, the “capital flight” came again.
The China-US trade war was officially upgraded in September. Although China announced on September 5 that the two sides agreed to hold
by 
Todd Bishop
Todd Bishop 
Does Trump want the RMB to break 7?
On August 5, the US dollar against the RMB FOB finally broke “7” and rose to 7.11, the highest point since the
by Todd Bishop
Todd Bishop
The RMB has weakened in the afternoon, and the FOB price has dropped more than 400 points.
The renminbi weakened in the afternoon, of which the FOB price was as low as 6.8762, down 392 points from today’s high,
by Todd Bishop
Todd Bishop
Sheng Songcheng said that the RMB depreciation is not an effective means of responding to external shocks
Recently, the depreciation of the Renminbi has approached the “7 calculation”. Sheng Songcheng, the former head of the Survey and Statistics Division
by Todd Bishop
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