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Published on Thursday, July 19, 2018

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Market Comment | Trade tensions weighed on Chinese assets

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Summary

US-China trade strains returned to the spotlight. After a quiet week for trade concerns, Trump’s economic adviser, Larry Kudlow, said that US-China trade talks were stalled (see). Moreover, the PBoC weakened its fixing, while planning measures that will boost the liquidity of commercial banks, suggesting it is comfortable with the currency’s slide (see), spurring […]

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