[unable to retrieve full-text content]A decision by China’s central bank at the weekend to curb a rally in the yuan’s exchange rate signals concern over a rush of hot money fuelling an asset bubble amid heightened price risks in the country’s rapidly growing property market, according to analysts.The move suggests the central bank was tweaking its policy stance on fears of excessive appreciation pressure on the yuan, following a sharp rise on Friday – the first working day following the “golden week” holiday – when it hit its…
Karen Yeung considers the following as important:
This could be interesting, too:
Tyler Durden writes Did ‘The Economist’ Aid A Chinese Communist Influence Operation?
Tyler Durden writes Costco Drops Coconut Milk Products Over Allegations Of Forced Monkey Labor
Tyler Durden writes Why Victor Davis Hanson Thinks Trump Will Win
Tyler Durden writes Central Banks Sell Gold For The First Time In 10 Years Due To Just Two Countries