“China's trade surplus will remain a sticking point between China and the U.S.. It's hard to close the trade gap because there's very little China can buy from abroad that it doesn't already make.”
“China has now entered the era where it will gradually have to lets its currency appreciate, unless China is able to make a substantial change to its capital account.”
“It would depend on the UK's GDP (last year). Number one the nominal GDP growth and number two the exchange rate of the British pound against the U.S. dollar.”