Zhou Xiaochuan Chinese PBOC People's Bank ChinaREUTERS/Jason Lee

The Chinese yuan has weakened to its lowest levels in more than a year.
It has triggered fears that a sharp devaluation could roil markets like in 2015.
But China’s economy and global conditions are different than back then.

The Chinese yuan has been weakening–triggering fears of a sharp devaluation that could roil global markets. Should markets be worried? We see scope for the yuan to moderately depreciate through the rest of the year in response to slower growth, financial deleveraging and escalating trade tensions. The Chinese authorities are likely to rely on monetary and fiscal policy tools, rather than the currency, to manage any growth slowdown in the second half, in our view.

Screen Shot 2018 07 24 at 2.11.50 PMBlackRock BlogSee the rest of the story at Business Insider

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china real estateTyrone Siu/Reuters

Chinese investors will put $1.5 trillion into assets abroad over the next decade.
About half of that will likely go into foreign property, often in the US, Canada and Australia.
Home prices have soared under foreign buying pressure, and politicians are finally admitting it.

The “waterbed effect” of money flows.

Top residential real estate brokerages in the US have been promoting US homes to investors in China for years. Brokerage firms in Canada, Australia, New Zealand, and other countries have done the same. Commissions are at stake! They have set up units in China and are partnering with Chinese real estate portals, such as Juwai.com.See the rest of the story at Business Insider

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