Chong Zheng / Publications
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USD/CNH Trend Reversal Signal
Due to geopolitical pressure and success in diminishing the housing bubbles, the central bank of China might not further push down RMB. Also, we can find USD/CNH is almost equal to USD/CNY. There is no room for arbitrage offshore RMB so the central bank has no reason to undermine RMB now. I hope RMB