Will the Chinese Yuan Be a Game Changer in 2022?

Will the Chinese Yuan Be a Game Changer in 2022?

From axioryintelligence.com

According to Xinhua News Agency, the head of China’s State Taxation Administration Wang Jun said the country will step up tax and fee cuts in 2022 with a view to stabilizing economic growth and high-quality development. According to Jun, these measures are “expected to exceed 1 trillion Yuan.” Further quantitative easing measures are also expected from the Chinese government in an attempt to bolster economic growth. The National People’s Congress in March and the 20th Party Congress can also exert a major influence on the Chinese Yuan. In light of the surging domestic cases in China, it may hold on to its ... (full story)

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Post #1
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Jan 3, 2022 4:23pm Jan 3, 2022 4:23pm

traderathome
Joined Mar 2008 | Status: PVSRA with Traderathome | 1,414 Comments

Well, for patriotic Americans, the only act appropriate is HAVE NOTHING TO DO WITH THE YUAN!

For all appetites, there are more than enough other currency pairs to partake of.

Post #2
Quote
Jan 3, 2022 11:35pm Jan 3, 2022 11:35pm

JotaP
| Membership Revoked | Joined Feb 2021 | 276 Comments

Quoting traderathome

Disliked

Well, for patriotic Americans, the only act appropriate is HAVE NOTHING TO DO WITH THE YUAN! For all appetites, there are more than enough other currency pairs to partake of.

Ignored

Who cares with that? Do things at home and stop ordering from China with your own printed dollars.

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Posted: Jan 3, 2022 1:37pm
Submitted by:
Newsstand

Category: Fundamental Analysis

Comments: 2 / Views: 497