
In approving the Chinese yuan as a 10.92 percent participant as a reserve currency in the global basket, the International Monetary Fund (IMF) warned that China’s inclusion could push up interest rates.
by Chriss W. Street1 Dec 2015, 5:31 AM PST0

Contents: Price/earnings index surges as earnings and profits contract; China’s import and export trade volumes plummet as deflation takes hold
by John J. Xenakis11 Nov 2015, 6:23 AM PST0

With China’s foreign exchange reserves falling by $490 billion in the last twelve months, China is on pace to run out of currency reserves in just two years.
by Chriss W. Street8 Oct 2015, 4:00 AM PST0

The People’s Bank of China (PBoC) weakened the yuan against the dollar for a third consecutive day on Thursday, following reports the central bank intervened to stem the currency’s sharp slide late on Wednesday.
by Breitbart News12 Aug 2015, 10:01 PM PST0

Despite suspending trading in over 1300 of the 2800 stocks listed in China, the “Shanghai Stock Exchange B Share Index” of growth stocks suffered another 7 percent loss Tuesday and the neighboring Hong Kong ‘S&P Growth Enterprise Market Index’ plunged by 12 percent. With Chinese stock losses now over $3.5 trillion since June 12, contagious fear is sending every major stock exchange around the world tumbling.
by Chriss W. Street8 Jul 2015, 5:42 AM PST0

Barclay’s Bank estimates that despite a hot stock market, the China suffered $300 billion in capital flight and is facing its first foreign exchange liquidity crisis since 2000. The news follows a report that China’s GDP is experiencing negative growth in real terms, thanks to collapsing domestic demand.
by Chriss W. Street19 Apr 2015, 2:30 PM PST0