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.
The Chinese authoritiess’ failure to prevent a stock exchange meltdown is casting serious doubts on economic prospects and so fuelling further losses.
On the policy front the Chinese state continues to wield its influence over large parts of the real economy.
Chinese e-commerce giant Alibaba sees its share price drop below IPO price for the first time.
LONDON | UBS | How would China’s fallout affect Europe’s economic growth?
The adjustment is serious and is a reaction to the eruption of China’s triple bubble: credit, real estate and stock markets.
New risks and setbacks again threaten Europe’s economic sentiment.
Flash manufacturing PMI for August and IMF decision bring more negative news for China.
China’s unexpected decision to devaluate its currency triggers uncertainty in the markets.
LETTER FROM ASIA-PACIFIC | The Chinese hard spirit baijiu is known for its fiery taste, but some makers have added an extra kick in the form of powdered Viagra, according to the government’s food safety bureau.
Pessimism over the latest data coming from these two developing countries could affect the recovery in Spain and Europe.