China Fights US Dollar: Exposes Chinese Banks to Losses | Vantage with Palki Sharma

China Fights US Dollar: Exposes Chinese Banks to Losses | Vantage with Palki Sharma China’s covert strategy to support the yuan using foreign-exchange swaps is putting its banks at risk of billions in losses while creating easy profits for savvy investors. State-run Chinese banks have built over $100 billion in short positions on the dollar to stabilise the currency without draining foreign reserves. However, this move has led to significant losses as the yuan weakened earlier this year. This strategy shields the People’s Bank of China from international scrutiny while state banks bear the risk. Learn more about China’s currency management tactics on "Vantage with Palki Sharma." --- China | USA | US Dollar | Trade War | Yuan | Economy | Joe Biden | Xi Jinping | Export | Firstpost | World News | News Live | Vantage | Palki Sharma | News #usa #china #dollar #tradewar #xijinping #joebiden #firstpost #vantageonfirstpost #palkisharma #worldnews Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens. The show is anchored by Palki Sharma, Managing Editor, Firstpost. By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas. Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms. ​ Subscribe to Firstpost channel and press the bell icon to get notified when we go live.    / @firstpost   Follow Firstpost on Instagram: www.instagram.com/firstpost/ Follow Firstpost on Facebook: www.facebook.com/firstpostin/ Follow Firstpost on Twitter: twitter.com/firstpost Follow Firstpost on WhatsApp: www.whatsapp.comhttps://www.seevid.ir/fa/result?ytch=0029Va6zOIrEQIamseyg762V

• #news_politics
• #firstpost
• #vantage
• #palki_sharma
• #vantage_palki_sharma
• #first_post
• #firstpost_palki_sharma
• #vantage_on_firstpost
• #us_china_trade_war
• #us_china_war
• #us_china_relations
• #us_china_trade_war_explained
• #china_us_dollar
• #us_china_currency_war
• #us_dollar_collapse
• #us_dollar_rate
• #us_dollar_decline
• #china_us_trade_war
• #china_dumps_us_dollar
• #china_selling_us_dollars
• #china_yuan_vs_dollar
• #china_currency_vs_us_dollar
• #china_yuan_vs_us_dollar
• #us_dollar_collapse_2024
• #dollar_shorting