Curiously, FX traders seem to be lining up to sell USD/CNH, despite recent China data misses and intensifying state intervention in key economic sectors . The obvious signs of slowing growth might, counterintuitively, be fuelling their convictions. Dismal data validates analysts’ calls for further monetary easing by the People’s Bank of China – increasingly a …

The post Yuan investors might be seeing upside of China crackdown first appeared on Hellenic Shipping News Worldwide. Source