Another Red Flag In China: Acute Dollar Shortage Is Back?

Is there another acute US Dollar shortage again in China similar to 2015-2016 and 2019?

by Jason Burack of Wall St For Main St

Is there another acute US Dollar shortage again in China similar to 2015-2016 and 2019?

This week news came out that large Chinese State Owned Enterprise (SOE) banks had to draw enormous amounts of US Dollar currency swap lines from China’s central bank, the PBOC.

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