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What will be the primary focus of China's 2025 economic work meeting?
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Resolution / Starting Odds
Focus on economic stability • 25%
Focus on trade expansion • 25%
Focus on domestic consumption • 25%
Other focus • 25%
Official communiques from the Chinese government or major financial news outlets
Story
China Considers Yuan Weakening to 7.50 in 2025 as Trump Tariffs Loom, PBOC Reports
Dec 11, 2024, 08:09 AM
Chinese policymakers are reportedly considering allowing the yuan (CNY) to weaken in 2025 in response to looming tariffs from a potential second Donald Trump presidency. This potential move comes amid growing economic concerns and is seen as a strategy to mitigate trade pressures. Reports indicate that the People's Bank of China (PBOC) may contemplate allowing the yuan to depreciate to levels around 7.50 against the US dollar. The offshore yuan has already seen significant fluctuations, recently falling nearly 300 pips to 7.2815 against the dollar. Analysts suggest that this shift in monetary policy reflects broader economic worries, although experts caution that a large-scale stimulus is unlikely. The discussions coincide with China's annual economic work meeting, where top leaders are expected to outline policies for the upcoming year, emphasizing the need for a stable economic environment amid increasing trade tensions.
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Economic Cooperation • 25%
Environmental Policies • 25%
Digital Innovation • 25%
Trade Agreements • 25%
Tax cuts • 25%
Infrastructure spending increase • 25%
Monetary policy easing • 25%
Other major changes • 25%
Domestic Consumption • 25%
Government Spending • 25%
Exports • 25%
Investment • 25%
Sustainable Development • 25%
Digital Economy • 25%
Trade Liberalization • 25%
Infrastructure Investment • 25%
Trade • 25%
Cybersecurity • 25%
South China Sea • 25%
Taiwan • 25%
Increasing birth rates • 25%
Elderly care • 25%
Immigration • 25%
Other • 25%
Childbirth support services • 25%
Expansion of childcare systems • 25%
Education support • 25%
Housing and employment support • 25%
Trade • 25%
Technology • 25%
Military • 25%
Climate • 25%
Trade and Economics • 25%
Military and Security • 25%
Climate Change • 25%
Technology and Cybersecurity • 25%
Trade Relations • 25%
Human Rights • 25%
Military Tensions • 25%
Climate Cooperation • 25%
Trade • 25%
Technology • 25%
Military cooperation • 25%
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Trade Relations • 25%
Military Deterrence • 25%
Human Rights • 25%
Environmental Cooperation • 25%
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Military Collaboration • 25%
Cultural Exchange • 25%
Border Security • 25%
Border issues • 25%
Trade agreements • 25%
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Other • 25%