Yuan reaches 10 year high against strengthening dollar
The Dollar is rising and so is the Yuan!
The Dollar is rising and so is the Yuan!
In anticipation of President Trump's return, Congress is considering a spending bill that includes a ban on technology transfers to and private investments with Chinese entities. The bill sets out broad prohibitions on outbound investment, and invokes national emergency powers under the International Emergency Economic Powers Act (IEEPA)
Another weak economic report from China, where prices are hovering near deflation. Since late September, Beijing has ramped up stimulus announcements in a bid to prop up the faltering economy, including several interest rate cuts and loosened property purchase rules. On the fiscal front, the finance ministry unveiled a five-year
China continues to benefit from Russia's desperate need for supplies to prosecute its quixotic war in Ukraine. Russia is unable to stop in its offensive goals (despite those goals repeatedly shrinking) because to do otherwise would be to acknowledge the failure of the entire enterprise. Which, in turn,
Xi Jinping, Paramount Leader of China, has often criticized the focus on growth rates, emphasizing 'quality growth' over a headline number, and this is a good point certainly. Still, the government is deeply committed to their process: Growth is targeted and achieved. This decision to aim for "
