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Jason Lee/Reuters The Chinese stock market fell dramatically a few weeks ago. That sounds significant, but it actually isn’t. First, the Chinese stock market doesn’t serve the same function as Western markets. The equities sold there don’t allow shareholders...
Jason Lee/Reuters It looks like the tide is turning in China. China’s trade data was weak in July, with lower-than-expected export and import growth at -4.4% and -12.5%, respectively. The country’s reduced appetite for commodities drove down imports...
A woman counts Chinese yuan notes at a market in Beijing. (Photo: Reuters/Jason Lee) BEIJING: China’s yuan currency, which Washington has long alleged was manipulated, is “no longer undervalued”, the International Monetary Fund (IMF) said on Tuesday...
A customer holds a 100 Yuan note at a market in Beijing, August 12, 2015. Reuters/Jason Lee Recent outflows of money from China are “normal” and not a sign of panic capital flight, a senior official at the foreign exchange regulator said on Thursday...
by Pepe Escobar When the US embarks on perennial quantitative easing, that’s OK. When the EU does QE as well, that’s OK. But when the Bank of China decides it’s in the best interest of the nation to let the yuan go down a bit instead of infinitely up...
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How much will cost the Russian currency after the election | eDeskNews
The ruble has shown its strength, but how long will it last, hard to say. Analysts told the "EV", what factors will affect exchange rates and how much it will
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