Wednesday , October 21 2020
Home / South China Morning Post / China’s rapid yuan rise and wave of hot money inflows prompt concerns of asset bubbles and inflation

China’s rapid yuan rise and wave of hot money inflows prompt concerns of asset bubbles and inflation

Summary:
[unable to retrieve full-text content]The rapid strengthening of the yuan exchange rate in recent weeks has triggered a debate in China about whether Beijing’s recent moves to open up its domestic financial markets to more foreign investment might have resulted in an unwelcome wave of speculative “hot money” inflows that could result in imported inflation and asset bubbles.“We must stay alert to the large influx of short-term capital. It is right to maintain the opening-up, but that doesn’t mean we should let all the capital in,”…

Topics:
Frank Tang considers the following as important:

This could be interesting, too:

Tyler Durden writes Not All Anarchy Is Created Equal…

Tyler Durden writes Feds Confirm Biden Emails Are “Authentic”; ’50 Former Intel Officials’ Wrong On Russian Disinfo

Tyler Durden writes Trump Abruptly Ends Interview With Leslie Stahl: “You’ll Have To Watch What We Do To 60 Minutes”

Tyler Durden writes What Happens If No One Wins?

[unable to retrieve full-text content]
The rapid strengthening of the yuan exchange rate in recent weeks has triggered a debate in China about whether Beijing’s recent moves to open up its domestic financial markets to more foreign investment might have resulted in an unwelcome wave of speculative “hot money” inflows that could result in imported inflation and asset bubbles.“We must stay alert to the large influx of short-term capital. It is right to maintain the opening-up, but that doesn’t mean we should let all the capital in,”…

Leave a Reply

Your email address will not be published. Required fields are marked *