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Michael Howell: Capital Wars, Liquidity & The Rise of China

Supply Shock

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Can You Explain Why China Is Hooked on That Right?

How is china hooked anan re exporter of us. Dollars? And then do you ever see investors getting over interference of the c c p? Well, minon on the first point, it's basically arithmetic ad. Money is basically dollar is dollar spending. Now, in the longer term, they may not be accumulating us. Treasuries. I mean, thats, that's a moot point. But actually, from a chinese point of view, given the fact that they control the printing presses of the uan, it would be much more in their interest to actually do that using uan rather than us. dollars. That's a way of getting sinerage and

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