Chinese yuan is an value currency, compared with most major currencies - no need to devalue it. China can sit tight and do nothing, watching whatever happens on the market...
No worries - anyone believes forecasters? When you pay an EV for $50k, which is sold for $25k in China, you get a sense of how reported figures can fool ourselves.
Many municipal govts in China like Wux's are key facilitators, partners, and supporters of new technology developments.
China tech: Wuxi model shows local governments how to drive growth sc.mp/fas0?utm_sourc… via @SCMPNews
“T’ain’t no big thing / to wait for the bell to ring”: How Roxy Music created “Love Is the Drug”—a song that changed rock
wsj.com/articles/the-s… via @WSJ
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