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China Says Stabilising Yuan is Priority, After Record Low

PBOC warns against gambling after onshore yuan finishes at 7.2458 per dollar, weakest close since January 2008, while the offshore yuan slumped 1.15% on the day to trade at 7.2635.

Investors Dump China Property Shares, Bonds as CIFI Defaults
Toyota Teams up With BYD To Sell Electric Sedans in China

The AF Big Picture

Here’s How China’s ‘Self-Interest’ May Be Adding to Global Inflation

China’s imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation