MUFG: 2020 may be the year the supply chain begins to shift

Cliff Tan of MUFG Bank says there have been small, "trade-diversion shifts" in the supply chain so far, but he sees larger shifts of $20 billion to $50 billion out of China in 2020. He also weighs in on the Chinese yuan and says it could reach 7.21 against the dollar by the third quarter of next year.
Wed, Nov 6 20192:47 AM EST