Renminbi drops and trade war escalates; General strike in Hong Kong as Carrie Lam makes thing worse

Aug 5, 2019

The Chinese side has started its retaliations against the latest threat of new American tariffs on US imports.

The Chinese government allowed the Yuan to trade below 7 to the US dollar for the first time since 2008. Global markets hate the drop, as does President Trump:

This post is for paying subscribers

← Previous Next →

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts