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.
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Wed, Nov 6 20192:47 AM EST