China’s yuan dipped to a fresh six-year low against the dollar on Friday, crossing the 6.76 level before paring losses as strong dollar purchases by companies continued to pile pressure on the Chinese currency, traders said. 142 more words
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Macro Letter – No 62 – 30-09-2016
China – Coal, Steel, Water and Demographics – Which way now?
- The price of coking coal has risen 164% this year, doubling since July… 3,389 more words
It didn’t take long for US Republican candidate Donald Trump to start saying things that were factually incorrect during his debate with Democrat Hillary Clinton. Some of the most obvious, and easy to check, were about one of the candidate’s favorite punching bags, China: 528 more words
This is a big risk for the IMF and suggests a confidence challenge as they could not resist the pressure from China. 123 more words