The RMB has risen modestly against the USD in recent weeks due to the USD’s renewed weakness, but it still lags other currencies.
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Huawei’s total revenue is nearly back to its peak, but its consumer business revenue has been slower to recover.
China’s relationship with Iran is focused on crude oil above all; claims of close ties are mostly exaggerated.
It has been a week since US and Chinese negotiators wrapped up talks in London, but details on outcomes from the meeting have been slow to emerge.
Strong retail sales, decent exports to non-US regions, and more industrial upgrades propped up the Chinese economy in May.
The Party’s anti-corruption campaign continues to accelerate, with several high-profile investigations recently launched.
The number of “little giant” companies has rapidly multiplied in recent years, but most of them never see any central government subsidy money.
The US and China have traded accusations, each claiming the other has violated the Geneva tariff truce.
Lawmakers are approaching economic issues with caution, careful not to step on the White House’s toes.