China wants to boost exports to Asia but can’t afford the risks

China is struggling to boost its exports to countries such as the Philippines and Vietnam amid a weakening yuan, a key Chinese demand.But there is no guarantee the new foreign exchange rate will boost growth in the world’s second-largest economy, and analysts say there is a danger China will not be able to absorb the […]

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Why is the government’s new foreign exchange shifter a disaster?

It’s been a little over a year since the Bank of England announced the launch of the foreign exchange trading mechanism (FEAT), a move designed to help the country’s banks withstand shocks and the economic impact of the Brexit vote.The scheme, which has been criticised for being too reliant on central bank policy, is set […]

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