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Shanghai is the rebellious city. So what do you do? Use “Covid” to “shut them up”- literally & figuratively.
There are no coincidences.
Shanghai accounted for 29% of yuan trading by banks for their clients in February, more than any other region in China.
Yuan Trading Dries Up As Shanghai Lockdown Drags On https://www.zerohedge.com/markets/yuan-trading-dries-shanghai-lockdown-drags
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