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PBOC Gives Yuan Unyielding Support for Record 54 Straight Days

(Bloomberg) -- China’s support for the under-pressure yuan shows no sign of fading with the managed currency languishing on the cusp of a 16-year low.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackTexas Teeters on Edge of Blackouts as Demand Squeezes...
Bloomberg Businessweek Wei Liang Chang Jefferie Brad Bechtel Federal Reserve People Bank Covid Zero
Source: yahoo.com

China Shows Signs of Decoupling from US as FDI, Trade Falls

(Bloomberg) -- China is slowly decoupling from the US, with businesses slashing investment into America to the lowest since the global financial crisis and official data showing trade dependency slumping.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Seeks to Broaden iPhone Ban to State Firms, AgenciesChina&#x2019...
United States South Korea Donald Trump Bloomberg Businessweek Thilo Hanemann Rhodium Group
Source: yahoo.com

China's Slowdown Casts a Shadow on Lula's Big Bet on Beijing

(Bloomberg) -- Since taking office in January, Brazil President Luiz Inacio Lula da Silva has placed China at the center of his attempts to foster an industrial and economic renaissance in South America’s largest country. Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapWagner Chief Prigozhin Listed Aboard Crashed Jet, Rep...
Rio De Janeiro Estado Do Rio United States South Africa Distrito Federal Mao Zedong
Source: yahoo.com

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