Key InsightsThe reading is slightly higher than the median estimate of $3.09 trillion in a Bloomberg survey of economists “There may be some forex outflow pressure – one piece of evidence was that the renminbi fixing rates came in significantly stronger than the forecasts over the past few weeks,” according
— Read on ca.finance.yahoo.com/news/china-apos-foreign-exchange-reserves-002259788.html
Tag: China
BREAKINGVIEWS – Hong Kong risks its future as global business hub – Reuters
(Reuters Breakingviews) – Carrie Lam’s government could squander Hong Kong’s privileged position in the eyes of foreign governments. A bill that would allow extradition to the mainland prompted hundreds of thousands to protest on Sunday. If the chief executive ignores the message, Washington, Brussels and others may reconsider their relationship with the territory. That would hurt both Hong Kong and China.
— Read on www.reuters.com/article/us-hongkong-extradition-march-breakingvi/breakingviews-hong-kong-risks-its-future-as-global-business-hub-idUSKCN1TB0D4
Infographic: A Brief Timeline of U-Turns from the Chinese Market
It’s hard to ignore the massive economic opportunities available in the Chinese market, but it’s also notoriously difficult to succeed in.
— Read on www.visualcapitalist.com/timeline-of-u-turns-from-china/
Animation: Comparing China vs. India Population Pyramids
Unintended effects of China’s population control policies, the challenges of Chinese demographics, and a new population paradigm where India sits up top.
— Read on www.visualcapitalist.com/animation-comparing-china-vs-india-population-pyramids/
China is digging in its heels on protecting a state-run economy
As trade talks between the U.S. and China increasingly center on Chinese treatment of foreign companies, Beijing says major American complaints about structural aspects of its economy are running up against “core interests.”
— Read on www.cnbc.com/2019/05/27/china-is-digging-in-its-heels-on-protecting-a-state-run-economy.html