Wednesday, April 8, 2020

China seen to be complying with US trade war deal by allowing…

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China’s central bank has stood back from intervention so far this year and let market forces push up the yuan’s exchange rate ahead of the anticipated signing of the phase one trade agreement with the United States next week that is expected to include a clause prohibiting currency manipulation.

The yuan started the year with a 0.26 per cent gain against the US dollar, becoming the second best performer among Asia’s 11 most traded currencies, according to Bloomberg data.

On Wednesday, the…

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China meets its limits in Micronesia

Authors: Denghua Zhang, ANU and Gonzaga Puas, Micronesian Institute for Research and Development In December 2019, the President of the...

China’s consumers are starting to binge on travel, cosmetics …

Chinese consumers are shopping again, in a timely boost for the beleaguered economy, as they regain some semblance of normal life after unprecedented lockdowns...

COVID-19 and the ‘zoom’ to new global value chains

Author: Christopher Findlay, ANU, Fukunari Kimura, Keio University and Shandre Thangavelu, University of Adelaide COVID-19 has sent shock waves running up and down global value...

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BEIJING—China’s light vehicle production will drop 11.5 percent this year to around 21.6 million vehicles and will rebound by 7.5 percent next year,...

Will COVID-19 bring recession and debt shock to developing Asia?

Author: Ganeshan Wignaraja, Lakshman Kadirgamar Institute Developing Asia is famous for engineering V-shaped recoveries following the 1997 Asian financial crisis and the 2008 global financial...

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