Travelers in Shanghai.
An escalation of China’s fight against bearish traders has failed to allay fears that the world’s second-largest economy is headed for a deflationary spiral.
The government’s renewed effort at money markets this week sparked a backlash in Mute. The yuan hovering near the lowest end of its advertising band and the referral bonus returns are just a few base problems of a hollow disk. The MSCI China Index is about to enter a declining market.