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On Mispredictions of RMB Exchange Rate
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6 episodes / 6 uploaded
One of the most popular academic influencers among Chinese youth, Professor Di dispels popular fallacies about China’s approach to currencies and shares insights on the impact of geopolitics on it.
About the Instructor
The significant devaluation of the RMB against the US dollar during 2015 and 2016 triggered widespread expectations of further depreciation. However, Professor Di argues that these expectations are hardly valid. This episode addresses five prevailing arguments that fueled bearish sentiment towards the RMB, and explains why all of them, as later testified by time, stands on fragile ground.
Course Plan
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