MEDIA

Chinese Trade Figures Prove Yuan's Safe-Haven Status Amid Virus Epidemic

Posted by Jimmy Zhu on Mar 7, 2020 8:00:00 PM


China's trade figures for the first two months of 2020 suggest that external demand would become more challenging due to the global spread of the coronavirus.

Jimmy Zhu, our Chief Strategist, gives his take on the trade balance effect on the Chinese yuan and explains why Chinese trade data hints at impending action by the ECB in this CGTN exclusive.