China and America have agreed to a “pretend” trade deal, with details are so thin that the Chinese preferred not to call it a “deal” at all. That didn’t stop the markets cheering.
Investors have plenty of reasons to be cautious at the moment, says John Stepek. But when it comes to Chinese stocks, the signs are more promising.
If another recession comes our way with interest rates at current levels, central bankers will have to get really radical, says John Stepek.
China’s currency, the yuan renminbi, has seen its biggest fall since the current currency regime was introduced two decades ago.
The devaluation of the renminbi could mean more countries joining the ‘race to the bottom’. John Stepek looks at what’s behind the yuan’s fall, and what it means for investors.
Last Monday, the stockmarket in China fell by 8.5%, its worst day since early 2007, and second-worst percentage drop ever.
From oil to Chinese stocks, panic is spreading through the markets, says Merryn Somerset Webb.
Chinese stockmarkets have seen huge losses recently. So are they on the verge of collapse? Or could we be at the start of a long bull market? John Stepek investigates.
The amount of gold China owns has long been a secret. But now it’s out, and it’s less than anyone thought. John Stepek looks at why China’s coming clean now.
Thousands of amateur Chinese investors have been devastated by a 30% plunge in the Shanghai Composite index.
Without political union, the euro can’t work. George Magnus talks to Merryn Somerset Webb about the future of the eurozone.