Maria Irene In a stunning turn of events, Argentina’s central bank hiked the benchmark interest rate to 118% from 97%, followed by a shock devaluation of the peso to 350 per doll… Read More

China’s Stalling Economy Puts The World On Notice For more than a quarter-century, China has been synonymous with relentless development and upward mobility. As its 1.4 billion peop… Read More

From “no limits” partnership announced by China and Russia in February 2022 to the latest pledge to drive something that hasn’t been seen by the civilization in 100 years… Read More

Beijing knew it could not make “Yuan” (Renminbi) an internationalized currency overnight, nor could it replace the U.S. dollar’s dominance in the global system with the Chi… Read More

Power Crunch Threatens Growth, Reinforces Weak Yuan By George Lei, Bloomberg markets live commentator and reporter Three things we learned last week: 1. Electricity shortages… Read More

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for August 6, 2019. The text below is an excerpt and does not co… Read More

Every night at 9 p.m. ET, the People’s Bank of China (PBOC) fixes a level at which the Yuan (Renminbi) will trade against the U.S. dollar within China. On Wednesday, the central bank s… Read More

Stocks in China skyrocketed on Monday for the biggest one-day gain since July 9, 2015. The Shanghai Composite jumped 180 points (5.7%), delivering a whopping 12.5% of total gains over the pa… Read More

This daily digest focuses on market sentiment, new developments in China’s foreign exchange policy, changes in financial market regulations and Chinese-language economic coverage in… Read More

Earlier this month, when President Donald Trump announced a new round of 10% tariffs on US$300 billion worth of Chinese imports, the remaining goods yet to be taxed, Beijing was not convince… Read More

It’s like a drinking contest: You harm yourself and hope your opponent isn’t able to withstand as much.One thing came through loud and clear in President Trump’s press conf… Read More

How the China Shipbuilding Market is Positioned ? China became the global leader in the global shipbuilding industry in 2009 with a share of ~% surpassing South Korea. This was made possible… Read More

2015 has been a year of some ups and mostly downs in the economic spectrum. From China’s devaluation of their currency, the yuan, to the Federal Reserve finally hiking interest rates… Read More