"power is never given. only taken" - some sociopath
Mon, July 26, 2021 (Bloomberg) -- Beijing’s clampdown on the booming private education industry has shocked even some of the most seasoned China watchers, prompting a rethink of how far Xi Jinping’s Communist Party is willing to go as it tightens its grip on the world’s second-largest economy. ... . ... It’s the government’s most extreme step yet to rein in private businesses that regulators blame for exacerbating inequality, increasing financial risk and -- in the case of some tech titans –- challenging Beijing’s authority.
Goldman Sachs Group Inc.’s sales desk summed it up this way in a note to clients: “Even when you think China risk is priced…it can get worse.”
Tallinn viies 08:11:45 GMT - 07/27/2021
tencent droped most since 2011...
with a stocks droping China getting another thing they want - weaker yean.
usdcnh just jumped above 200 day sma. close above adds upside potential.
Actionable trading levels delivered LIVE to YOUR charts
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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