The RMB is falling and China stocks are falling, in spite of a predictable upward move on Friday – one can imagine the instructions that went out on Thursday night. If anything has eme... Read more
China’s financial markets are highly manipulated, it almost goes without saying. The RMB rate is set daily in Beijing, and is only indirectly related to market sentiment. The stock market, d... Read more
Some mixed messages amongst the tea leaves this week. The latest Chinese trade data is good, with exports showing double-digit growth. The background to that is the fundamentally solid state... Read more
The inclusion of China domestic shares in certain MSCI global indices is the big event of the week, and will have a stabilizing effect on what has always been a choppy and opaque market. But... Read more
