It’s not the slowdown or the devaluation of the yuan which is really worrying, but China’s reforms. Economic reform, which should lead to a free market. And political reform which, unfortunately for the Chinese people, will be some time coming.
W. Shuo, Z. Jiwei and H. Kan | Recently Governor Zhou Xiaochuan had an interview with Caixin and talked about the yuan exchange rate regime…
Flash manufacturing PMI for August and IMF decision bring more negative news for China.
Some experts explain what to expect from CNY in the months ahead.