China’s Punk August Economic Data Sends Yuan Plunging

The world’s brief infatuation with the idea of green shoots, or that a recession may be avoided, suffered a head on collision with reality after the latest dismal China data dump which was nothing short of a disaster for the econo-bulls.

 

 

 

 

 

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https://www.zerohedge.com/economics/yuan-extends-losses-after-china-macro-data-disappoints