Carlos Asilis
Carlos Asilis
overall terms
Yes, it's an unambiguous positive. But in terms of its overall importance, it's only marginal.
guess huge market money retail whether
Whether retail money is going to rotate back into the market in a huge way is the key. My guess is it's not going to happen.
banks china chinese exchange foreign gradual impression risk system trauma
There is a risk that if China liberalizes the foreign exchange system when the banks need to be recapitalized, there could be trauma in the system. My impression is that the Chinese are going to be as gradual as they can.