The_dumpster_diver

hong kong (inflation, instability, and implications for taiwan)

FX_IDC:USDHKD   دولار أمريكي / دولار هونج كونج
next week we take a peak in hong kong pce inflation. the spike last month is a contributing factor to the situation there. i see the trend of inflation to continue. stimulus measures put in place may actually contribute to the fire. the inflation is due to mainland china devaluation ie import inflation export deflation. the question is, will xi crush hong kong and what does that mean long standing defense deals with taiwan? this is a turning point in us-chinese relations if XI chooses to crush. if XI doesnt crush he looses face in the mainland. hopefully an agreement can be reached, but know theres a cause for the situation and an after effect that could go beyond trade
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