Insider Report: China’s State Banks Offload Dollars Offshore to Put Brakes on Yuan’s Fall
In a calculated maneuver to bolster the falling yuan, China’s prominent state-run banks plunged into the offshore spot market, strategically…
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China’s Economic Data Leaves Market Eager for Stimulus Measures
In today’s data release from China, the country’s second-quarter GDP growth rate came in at +0.8% quarter-on-quarter, slightly exceeding expectations….