NOT QUITE SO SAFE

Not quite so SAFE

Not quite so SAFE

The Event

It is basically talking about a trade budget event.

A Concept From The Course

Foreign reserves are now mainly invested in a very low return on investment, such as treasury bills, agencies, and so on. and can not be repatriated to China (without a significant appreciating yuan and causing huge losses of foreign reserves / exports). Thus, it would be appropriate time for China to begin to seek and establish a global manufacturing / distribution / marketing / research units abroad, and at the same time, some positive reputation, taking decisive action ...