Goldman Sachs sees Chinese exports declining through 2025, 2026 ...Middle East

In a recent note, the bank’s analysts said, “Reaching a near-term deal is very difficult, and the substantial increase in U.S. tariffs on China is expected to significantly weigh on Chinese exports.”

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FT says Chinese exporters ‘washing’ products in 3rd countries to avoid Trump tariffs

Offshore yuan has jumped higher today (China is on holiday but CNH continue to trade)

Catalyst:

Surging TWD fuelling revaluation talkMUFG on the Taiwan dollar move a "19-standard-deviation event" This article was written by Eamonn Sheridan at www.forexlive.com.

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