China Burns Through FX Reserves

China's determination to defend the yuan has seen it starting to burn through its foreign exchange reserves. Many economists expect that pile of cash to fall by another $300B this year. Bloomberg's Stephen Engle reports on "First Up." (Source: Bloomberg)

Bloomberg Markets: Balance of Power 9/21/2017
26:12 - Guests include: Rep. Dana Rohrabacher, a California Republican, Rep. Eric Swalwell, a California Democrat, and John Micklethwait, Bloomberg Editor-in-Chief. (Source: Bloomberg)
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