SEB: tariffs won’t dampen China’s growing influence on global economy

But in the short run, threats will knock renminbi and other emerging market currencies

Dollar/renminbi
Stand-off: China’s renminbi is slightly down against the dollar as trade tensions renew

CLICK HERE TO DOWNLOAD THE PDF (only available to FX Week Corporate subscribers)

The US policy to impose higher tariffs on Chinese goods may prop up the dollar in the short term, but will not hamper China’s importance to the global economy, says Per Hammarlund, chief emerging markets strategist at SEB.

The growing protectionist stance from the world’s largest economy will ultimately undermine the dollar over the next couple of years, he tells FX Week.

“In the short term, emerging market

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: