Morgan Stanley: Dollar depreciation leads to appreciation of strategic assets

Ieri 12:40

 Xing Ziqiang, Chief Economist of Morgan Stanley China, stated at the 2026 China Chief Economist Forum Annual Meeting that the fiat currency system represented by the US dollar is facing credit erosion, with assets outside the fiat currency system showing a depreciation trend. Strategic assets such as energy and precious metals, as well as some non-traditional fiat currency system assets, are increasingly favored by the market. (Shanghai Securities Journal)

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