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What’s Going On In China?

From orbex.com

Markets have been rattled this week by a series of news events coming out of China. On top of a series of disappointing economic figures, there have also been a resurgence in worries about the housing industry. China’s financial system is notoriously opaque, and a lot of the events have made reference to complicated financial deals, making it hard to understand what is really going on. And, what’s most important for traders: How could this affect the Forex market? The housing industry was seen as the pillar of China’s economy, but it has been in difficulties for a long time now. In fact, since late 2020, in the ... (full story)

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