Part 1/10:
China’s Yuan Continues to Decline Amid Economic Turmoil
China's currency, the yuan, has recently started to tank again despite governmental claims of a substantial economic stimulus announced a few months back. The ongoing decline in the yuan indicates a significant lack of confidence in Beijing's ability to rejuvenate the economy, compounded by record low yields on Chinese government bonds. As data continues to roll in, skepticism regarding the effectiveness of measures taken by the government grows increasingly evident.