Is the devaluation of the Yuan intentional?
China is dealing with very serious issues at this time. They have been battling with the U.S. in an escalating series of events. Clearly they have manipulated their currency, but then again, who hasn’t? The question is, who will be victorious?
2018-07-19_18-36-51.jpg (890×462)
https://www.zerohedge.com/sites/default/files/inline-images/2018-07-19_18-36-51.jpg?itok=EWAxvLHB
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https://www.zerohedge.com/sites/default/files/inline-images/Trump%20cny.jpg?itok=UuV7wcDh
Trump’s Trade War May Spark a Chinese Debt Crisis –
https://www.bnnbloomberg.ca/trump-s-trade-war-may-spark-a-chinese-debt-crisis-1.1109663
Caught in China’s cash crunch: why private companies are collapsing into a black hole of shadowy debt | South China Morning Post
Caught in China’s cash crunch: why private companies are collapsing into a black hole of shadowy debt | South China Morning Post
China’s central bank injects CNY 463bn via medium-term lending facility
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https://www.zerohedge.com/sites/default/files/inline-images/MLF%20july%202018.jpg
PBOC may cut RRR, lift MLF and reverse repo yields – China Press