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Posts tagged china

Diwali or not, India can’t boyc...

master
Last fortnight, close on the heels of the rise of firecracker nationalism against Chinese goods on social media, Reserve Bank of India (RBI) was busy making adjustments for yuan’s entry into India’s foreign exchange reserves. Not only RBI, most of the global central bankers too had to alter metrics of their forex reserves after yuan’s rise a [...]

What’s so spooky?

world-s-second-biggest-economy-china---manufacturing-hits-lowest-over-15-months.png
Bad news from China doesn’t look like stopping. If the explosion in Tianjin, one of the worst industrial accidents in modern China claiming more than hundred lives and unleashing large-scale cyanide contamination, was not enough, the latest manufacturing index shows factory output having dropped to a low of 77 months. Combined with the fact [...]

The Great Fall of China

The Great Fall of China
The weekend gone by was nothing ordinary for the financial universe. In fact, it is not Monday’s market carnage, but a few developments during late last week, that have set the course for the unprecedented turmoil across the global markets. Friday’s selloff was triggered by China’s Caixin PMI data for the August which fell to 47.1 from July’ [...]

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