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January 18, 2016
2016 got off to a febrile start in China. The stock market lost nearly 15% in the first trading week of the year, a reflection of what happened in August last year. But, in contrast to last August, the factors driving this second episode of volatility have more to do with technical considerations that with other types of economic reasons.
December 7, 2015
On 30 November the International Monetary Fund (FMI) announced its decision to include China’s currency (the renminbi, RMB) in its basket of benchmark currencies, which is used to determine the value of special drawing rights (SDRs).
