Dollar-renminbi

The Weekly Briefing: 
Could a "petroyuan" dethrone King Dollar?

A Capital Economics podcast

Here's how a discussion about the upside and downside risks for 2023 ends up taking on the idea of a "petroyuan" as a threat to US dollar supremacy. Group Chief Economist Neil Shearing also talks about China's abandonment of zero-COVID and what that means for the global outlook. Plus, Mark Williams and Julian Evans-Pritchard from our China team explain what's been happening on the ground in China following Beijing's stunning policy U-turn and what that means for the economic outlook.  

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Insight referenced in this episode:

The World in 2023

MACRO AND MARKET OUTLOOK

The World in 2023

Here's our analysis into what we think will be the dominant themes across DMs and EMs, as well as financial, commodity and property markets in 2023. This dedicated page also includes a guide to upside and downside risks that investors should be watching in the coming year and much more.