Michael Pettis flags an irony at the heart of China’s trade imbalance debate: the causes of its export surplus remain deeply contested. Weak domestic consumption, large surpluses and doubts over yuan undervaluation keep pressure on trade policy.
published
Michael Pettis flags an irony at the heart of China’s trade imbalance debate: the causes of its export surplus remain deeply contested. Weak domestic consumption, large surpluses and doubts over yuan undervaluation keep pressure on trade policy.
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Took $1.20 profit on the remaining Puts on the Strangle - holding the Calls now
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