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Tyler Durden — Not So Fast: China Will Not Allow Use Of Yuan As Bargaining Chip To Resolve Trade War

Summary:
China is determined not to allow the US use the trade deal to limit its sovereignty. That is a red line for China. Trump has made crossing that line a sine qua non. Zero HedgeNot So Fast: China Will Not Allow Use Of Yuan As Bargaining Chip To Resolve Trade War Tyler Durden

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China is determined not to allow the US use the trade deal to limit its sovereignty. That is a red line for China. Trump has made crossing that line a sine qua non.

Zero Hedge
Not So Fast: China Will Not Allow Use Of Yuan As Bargaining Chip To Resolve Trade War
Tyler Durden
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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