Tag Archives: China exports

Emerging markets brief

China was the focal point overnight as equities in the emerging markets giant dropped over 1.5% on disappointment Chinese officials made no weekend stimulus announcement. The failure to ease prompted Merrill Lynch to downgrade China’s GDP forecast from 8% to 7.7%, citing economic concerns. 

Asia India Market Updates

Renminbi weakening in bid to reign in strong Chinese real estate sector, boost exports

When it comes to the value of the renminbi (CNY, quote), the twin engines of economic growth for the Chinese economy oppose each other. About 40% of China’s gross domestic product emanates from exports to the U.S. and Europe. The Chinese real estate market provides about 30% of the economic growth in the People’s Republic. 

China Construction Real Estate Yuan