Decoding the opening up of Hainan; beware China’s export deficit and local bond risk

SinoInsight 1 According to official customs data released on April 13, China posted a trade deficit in March, the first time since February 2017. OUR TAKE 1. China’s trade deficit comes as the CCP is propping up the yuan to prevent depreciation and on the back of a string of United States economic policies (tax …

Read moreDecoding the opening up of Hainan; beware China’s export deficit and local bond risk

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