“Yuan Devaluation Is Part and Parcel of Reform”
By Wang Liwei at Caixin | Aders Borg from the World Economic Forum discusses structural changes and the global financial framework’s future.
China
Doubts over rate hike timing remain after Jackson Hole
Jackson Hole does not clear up the doubts over whether or not there will be a rate hike in September.
Limited EM spillovers into DM (so far)
Could emerging markets spillovers push developed ones into recession?
China badly needs reshuffling
The Chinese authoritiess’ failure to prevent a stock exchange meltdown is casting serious doubts on economic prospects and so fuelling further losses.
What to expect from Chinese authorities?
On the policy front the Chinese state continues to wield its influence over large parts of the real economy.
China woes push Alibaba share price below IPO level
Chinese e-commerce giant Alibaba sees its share price drop below IPO price for the first time.
China risks for Europe: What is priced in?
LONDON | UBS | How would China’s fallout affect Europe’s economic growth?
Has the adjustment time for China’s economy arrived?
The adjustment is serious and is a reaction to the eruption of China’s triple bubble: credit, real estate and stock markets.
Key risks for Europe: Greece, China and Fed
New risks and setbacks again threaten Europe’s economic sentiment.
More bad news for China
Flash manufacturing PMI for August and IMF decision bring more negative news for China.