How will foreign players benefit from the opening up of the Chinese market, with access to 1.4 billion consumers?
As China pumps 1.2 trillion yuan of liquidity into its money market, how will small- and medium-sized companies benefit?
Fullerton Markets' Chief Strategist Jimmy Zhu gave an outlook on the yuan during an update of China's trade data during his LIVE interview with CGTN on 12 October 2018.
Onshore yuan traded in China slid to 6.9002 against the US dollar after the PBOC lowered the daily yuan reference rate to its weakest level since May 2017.
US President Trump imposed import tariffs worth USD 200 billion on Chinese goods, which affected Shanghai stocks tremendously.
The Fed has raised interest rates three times this year, and a fourth hike is widely expected.
This week's benchmark interest rate rise saw Chairman of the US Federal Reserve Jerome Powell show increasing confidence in the US economy, while further strengthening the case for a fourth hike this year in December.
China's stabilising measures amidst trade war with the US brings optimism, but how long will this last?
Will the Chinese Yuan continue to depreciate?
China’s trade data for August show exports to its major trading partners broadly slowing down.
