Daily Archives: Aug 5, 2012

Political leaders in the west have been keeping their eye on Beijing’s $3tn in foreign exchange reserves. If all else fails that amount of money could go a long way, they reason.

But Edward Chancellor, writing in Monday’s FTfm, says China’s forex reserves provide no shelter for anyone, least of all China. Read more

Amid the flurry of economic data coming out this week, all eyes will be on those from China, which is due to release key inflation and manufacturing indicators on Thursday. The markets will be looking to see if the slowdown in China is showing signs of bottoming out or if it is still losing momentum. Read more