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China's ability to suppress its currency is diminishing, creating a potential self-reinforcing cycle of CNY appreciation as repatriated capital flows back into the country.
CYB MED Feb 24, 06:08
"But not much scope maybe left as even a whiff of appreciation brings back exporter amounts stuffed abroad."
𝕏 @brad_setser ⏲ medium-term Source ↗
February 24, 2026 at 06:08
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