China's Lesson On Capital Controls (w/ Olivier Desbarres) | Expert View | Real Vision™ скачать в хорошем качестве

China's Lesson On Capital Controls (w/ Olivier Desbarres) | Expert View | Real Vision™

Will China’s growth implode or explode? Many see it as a binary outcome, when the reality may be somewhere in between. Olivier Desbarres of 4X Global Research outlines a China that is in transition, from hyper cyclicality towards a more sustainable growth path. It is possible that it will be a smooth transition, though there will inevitably be some collateral damage amongst her major trade partners along the way. Filmed on January 30, 2019 in London. The latest note from 4X Global Research, covering these topics in further detail, will be published on the Think Tank platform on February 7th. Watch more Real Vision™ videos: http://po.st/RealVisionVideos Subscribe to Real Vision™ on YouTube: http://po.st/RealVisionSubscribe Watch the full video by starting your 14-day free trial here: https://rvtv.io/2I3XwjE About Expert View: The Expert View covers discussions on the topics that really matter, right now. Expert guests answer a series of questions on thematic topics that investors most want to know about, offering informative, actionable, and relevant market insight. It’s like being in the same room as an expert investor and being able to ask all the questions you really want answers to. About Real Vision™: Real Vision™ is the destination for the world’s most successful investors to share their thoughts about what’s happening in today's markets. Think: TED Talks for Finance. On Real Vision™ you get exclusive access to watch the most successful investors, hedge fund managers and traders who share their frank and in-depth investment insights with no agenda, hype or bias. Make smart investment decisions and grow your portfolio with original content brought to you by the biggest names in finance, who get to say what they really think on Real Vision™. Connect with Real Vision™ Online: Linkedin: https://rvtv.io/2xbskqx Twitter: https://rvtv.io/2p5PrhJ China's Lesson On Capital Controls (w/ Olivier Desbarres) | Expert View | Real Vision™    / realvisiontelevision   Transcript: And I would quickly take a step back to 2015 specifically mid August when the PBS see quote unquote devalued the renminbi. It was only a very minor 2 to 3 percent move but it triggered a huge amounts of pressure on the currency and regional currencies and equity markets. It facilitated or triggered huge capital outflows from China. The government was forced to introduce very drastic capital controls over 2015 2016 to stem this outflow of money from China and to stem the downward pressure on central bank reserves. So I think we would like to think that is a very valid valuable lesson was learnt three and a half years ago namely that is that if you start messing around with your currency or bit by a few percentage points you're potentially signaling something much bigger to the market and you may not be able to control the aftermath.