Dollar & Sense: The Brookings Trade Podcast cover image

The imperative of US-China dialogue on global issues

Dollar & Sense: The Brookings Trade Podcast

CHAPTER

The US and China's Exchange Rate Debt Relief

There's some progress, but it's not clear exactly how much debt relief really is going to be there for Zambia. The RMB is down about 4% this year and closer to seven relative to a strong point. China will turn to exports to support flagging domestic demand rather than boosting fiscal support.

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