Watch China Needs a Strong Yuan to Buy US Goods, Bass Says - Bloomberg
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China’s economy is in a “different place” than the US and it needs a strong yuan to buy lots of good in US dollars, Kyle Bass, founder and CIO of Hayman Capital, said on "Bloomberg Open Interest." Bass also talks about the leverage China has over the US and how weak the yuan could get. (Source: Bloomberg)

China’s economy is in a “different place” than the US and it needs a strong yuan to buy lots of good in US dollars, Kyle Bass, founder and CIO of Hayman Capital, said on “Bloomberg Open Interest.” Bass also talks about the leverage China has over the US and how weak the yuan could get. (Source: Bloomberg)