China is a global hub for manufacturing, and is the largest manufacturing economy in the world as well as the largest exporter of goods in the world. China is also the world's fastest growing consumer market and second largest importer of goods in the world. It is a net importer of services products.

Before China’s devaluation in August 2016 roiled global markets and spurred some of the hedge fund industry’s biggest names to bet against the Yuan, a small cohort of researchers saw the whole thing coming. By that time, the People’s Bank of China (PBOC) surprised markets with three consecutive devaluations of the yuan, knocking over 3% off its value. Since 2005, China’s currency has appreciated 33% against the US dollar and the first devaluation on August 11 marked the largest single drop in 20 years.

China has been criticized by Western media for unfair trade practices, including artificial currency devaluation, intellectual property theft, protectionism, and local favoritism due to one-party oligopoly by the Communist Party of China and its socialist market economy. The rate of economic growth of the Chinese economy has started slowing with fears of an impending hard landing of the economy. With the devaluation occurring just days after data showed a sharp fall in China’s exports, many believe that China's insistance that the move was motivated by market-oriented reforms is just a convenient excuse. The Chinese government claimed that its exports had fallen 8.3% in July from the previous year.

Latest news on China & the Economy

Your Funds: Learn who your source is before trusting their money ideas - Richmond Times-Dispatch
More than half of Americans report that either no one taught them about money or that they learned how to handle finances on their own.
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Teaching kids about money | Business | victoriaadvocate.com
The rest of us, myself included, need to be taught proper money management habits. The first class I taught at Texas Lutheran University was a personal finance ...
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Fiscal Committee tables request for $27 million in federal money to boost vaccination efforts ...
... Fiscal Committee on Friday voted along party lines to table a request from the Department of Health and Human Services to use the federal money for 13 ...
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Want to Make Money While in School' Look Out for Student Employment Scams! - WHNT
The rest of the money will be your payment. However, the check is a fake ' a detail your bank will let you know a day or two after you deposit it. Any money you ...
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US dollar reaches three-week high on upbeat data - Taipei Times
The US dollar index, a gauge of the greenback's value against six major currencies, rose 0.3 percent to 93.25, its highest since late last month. The index rose ...
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Weekly Fundamental US Dollar Forecast: Taper Talk to Intensify at September Fed Meeting - DailyFX
The US Dollar (via the DXY Index) gained +0.65% last week on the back of rising Fed rate hike odds. Bond and rates markets are now the most aggressive in ...
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Bitcoin: Currency that doesn't really exist, yet it does | Rogersville | therogersvillereview.com
In 2009, Bitcoin became the first fully decentralized digital cash system, created by an entity ... In April of 2011, one Bitcoin was worth one US dollar.
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Afghanistan's Economic Meltdown Leaves Ordinary Citizens Scrambling to Survive - WSJ
That money is only a fraction of Afghanistan's own reserves, most of which have been frozen by the U.S. and the International Monetary Fund. Former police ...
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Facebook exec says stablecoins 'probably' require more regulation - Yahoo Finance
SEC Chair Gary Gensler put forward a wide-ranging view of potential cryptocurrency ... that pegs its value to a commodity or currency, like the U.S. dollar.
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Why Mark Cuban Thinks Crypto Needs More Regulations - The Motley Fool
Whatever the reason, Cuban lost most of the money he had invested in TITAN when the price of the stablecoin fell from $65 to $0.00000003. Although he didn't ...
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