The Chinese currency RMB has had a tumultuous week, seeing record appreciation on Monday, followed by a record fall in the days that followed. Critics like George Soros have raised the alarm over a potential hard landing for the economy, but China’s top policy makers insist there is nothing to worry about. Peking University’s Liu Qiao, Yukon Huang from the Carnegie Asia Program and Daniel Gros of the Centre for European Policy Studies discuss the big question marks over the RMB’s stability and what the government can do to reassure the market.
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