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Sliding Chinese yuan risks Trump trade war backlash

Newton’s law tells us that every action has an equal and opposite reaction. The economic equivalent holds that additional PBOC easing risks provoking a similar dynamic from the Trump White House. In fact, the odds favor an even bigger one as China’s currency slides in response.

OTHER NEWS

TT TRUMP CÓ PHẢI LÀ SIÊU NHÂN??

25/05/2019, 10:17 AM

https://www.voatiengviet.com/a/bac-kinh-phan-doi-du-luat-cua-my-trung-phat-quan-chuc-tq-gay-han-bien-dong/4929446.html https://www.bbc.com/vietnamese/forum-48342269 PS: ĐỂ GIỮ VỮNG VÍ THẾ “BÁ CHỦ” MỸ PHẢI THEO ĐUỔI “3 ĐẠI CHIẾN LƯỢC”: 1-LIÊN THỦ VỚI CÁC CHẾ ĐỘ DÂN CHỦ ĐỂ KIỀM CHẾ /CONTAINE TRUNG CỘNG;2-VÌ “CÁ NHÂN TRỊ/STRONGMAN RULE” CHO NÊN SỚM MUỘN TCB + PUTIN CŨNG SẼ CHẾT VỀ MẶT SINH HỌC,LÚC ĐÓ THỂ CHẾ/CHẾ ĐỘ SẼ […]

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China’s bankers have one too many balls in the air

29/08/2018, 12:46 PM

Chinese loan officers are finding themselves torn between conflicting policy goals. Beijing wants the country’s commercial banks to help fund infrastructure spending to support cooling growth, but isn’t relaxing a campaign to cut a US$290 billion pile of bad debt. They also need to somehow remain profitable. First-half earnings show the pressure is pushing them […]

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