China economy: How PBOC controls the yuan (RMB) amid trade war

Unlike other major currencies such as the U.S. dollar or the Japanese yen, which are allowed to free float in the market, China maintains a strict control of the yuan’s exchange rate on the mainland.
— Read on www.cnbc.com/2019/08/28/china-economy-how-pboc-controls-the-yuan-rmb-amid-trade-war.html

Rich Savers Take Another Hit in Denmark as Negative Rates Spread – Bloomberg

A second Danish bank has targeted its richest depositors and announced it will impose negative interest rates on large retail accounts.
— Read on www.bloomberg.com/news/articles/2019-08-28/rich-savers-take-another-hit-in-denmark-as-negative-rates-spread

One Country, Two Systems: What Will Happen to Hong Kong in 2047? – Bloomberg

When China regained sovereignty over Hong Kong from the British in 1997, it was under an agreement to allow the city a “high degree of autonomy” for 50 years. That arrangement, known as “one country, two systems,” is almost halfway to its expiration date. Months of turmoil on Hong Kong’s streets, with hundreds of thousands demonstrating against the perceived erosion of the city’s freedoms, have sharpened the focus on one question: What will happen in 2047?
— Read on www.bloomberg.com/news/articles/2019-08-27/countdown-to-2047-what-will-happen-to-hong-kong-quicktake