China’s yuan has plunged 9 per cent against the US dollar in a little less than three months. Photo: Kyodo China’s yuan has plunged 9 per cent against the US dollar in a little less than three months. Photo: Kyodo
China’s yuan has plunged 9 per cent against the US dollar in a little less than three months. Photo: Kyodo
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

China’s monetary easing supercharges its bond market but leaves harder questions about its economy unanswered

Nicholas Spiro says the decline in China’s currency and the inconsistency in its equities market indicate limited investor confidence in Beijing’s stimulus measures and leave its main dilemma – stimulating the economy even as it deleverages – unresolved

China’s yuan has plunged 9 per cent against the US dollar in a little less than three months. Photo: Kyodo China’s yuan has plunged 9 per cent against the US dollar in a little less than three months. Photo: Kyodo
China’s yuan has plunged 9 per cent against the US dollar in a little less than three months. Photo: Kyodo
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Nicholas Spiro

Nicholas Spiro

Nicholas Spiro is a partner at Lauressa Advisory, a specialist London-based real estate and macroeconomic advisory firm. He is an expert on advanced and emerging economies and a regular commentator on financial and macro-political developments.