Khoon Goh, head of Asia research at ANZ Bank, says he remains hopeful on negotiations but the Chinese authorities will likely let the yuan weaken to 7.5 to act as a "shock absorber" if 10% tariffs were to be permanent.
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Khoon Goh, head of Asia research at ANZ Bank, says he remains hopeful on negotiations but the Chinese authorities will likely let the yuan weaken to 7.5 to act as a "shock absorber" if 10% tariffs were to be permanent..
A number of decisions have been taken at the Cabinet meeting...
