Mark Sobel says China’s current account surplus reflects a flawed growth model, loose macro settings and an undervalued RMB. He argues structural reform, rather

BWB News TV • 2026-07-26 17:41 UTC • By Billy Odell Tucker-Robinson

Mark Sobel says China’s current account surplus reflects a flawed growth model, loose macro settings and an undervalued RMB. He argues structural reform, rather than exchange-rate debate alone, would narrow imbalances and lift the currency.

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