Considering the budgetary deficit and the trade deficit that US is facing the US dollar should have crashed. This was the projection by many analysts. But, would it? China, the factory of the world runs huge trade surplus with US. [...]
Financial firms lead by those in Hong Kong have over subscribed for the second yuan bond issued in Hong Kong. The $750 million (5 billion yuan) was 10 times over-subscribed. The strong demand is driven by expectations of a further [...]
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