China reveals trade war strain as yuan slides and manufacturing stalls
by Martin Farrer from Economics | The Guardian on (#41YAE)
Pressure begins to show amid a wider slowdown in the world's second biggest economy
The Chinese economy has revealed fresh signs of the pressure of a trade war with the US and a wider slowdown at home as manufacturing activity fell and the yuan was fixed at a new 10-year low to the dollar.
Related: No-deal Brexit would trigger lengthy UK recession, warns S&P
Related: The US-China trade war is unlikely to be settled soon | Nils Pratley
Continue reading...