Hacker News new | ask | show | jobs
by renegade-otter 1043 days ago
"China's sliding yuan could be next 'black swan event' for markets, hedge fund EDL says": https://www.reuters.com/markets/currencies/chinas-sliding-yu...

It would be interesting to see the blast radius, specifically in terms of countries like Russia, which is becoming increasingly dependent on the yuan as it is exiting its relations with the West , huffing and puffing: https://carnegieendowment.org/politika/88926

1 comments

> the blast radius,

Global economy is the blast radius. China is the biggest economy by trade so it’ll ripple through everything

Could be, but the effects wont be so pronounced anymore i think. The biggest ripples have already passed through during covid and the time after.

The covid induced shortages like stock shortages, chip shortages, container shortage etc have already been dealt with and lots of companies have reduced their dependencies on china, etc…