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1.Market Observations, 8.Was Sticky

10 Oct 2018 (TheAge) – China appears to blink in trade confrontation with the US

(10 October 2018, The Age, Business, p25, by Stephen Bartholomeusz)

‘There’s a whiff of fear in the air in China as escalating trade frictions with the US begin to impact on an economy that had its own pre-existing issues. Returning after a week-long national holiday, China’s stock markets and its currency were rattled on Monday by the People’s Bank of China’s (PBoC) weekend decision to inject liquidity into the banking system for the fourth time this year, a signal of the central bank’s concerns about the vulnerability of the economy.’

Read more at TheAge.com.au

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