野村陆挺：中国-巨大的分歧、人民币汇率与中国的政策困境

Asia Insights Global Markets Research Economics - Asia ex-Japan China: The great divides, RMB, and the policy dilemma for Beijing Since 2020 the Chinese economy has been characterized by a great divide between rapidly rising exports and a crashing property sector. This divide in turn has helped to lead to China's surging trade surplus above USD1.0trn this year, which is likely to trigger rising trade tensions and is unlikely to be sustained. The real root cause of the staggering trade imbalance is China's d ...