China 50

Hayman Capital Management’s Kyle Bass has been bearish on the Chinese banking system and yuan for several months now. A couple of days ago, the hedge fund manager appeared on CNBC, warning that the Chinese only have “a few months ahead of them before they get into a real danger...

The IMF recently announced that the Chinese RMB would be the fifth currency included in the SDR (Special Drawing Right) basket. The currency will be given a weight of 10.92 percent in the SDR. In a recent report, UBS analysts shared a look into how this decision impacts liquidity and the overall...