Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
Why China Yuan Trade Disconnect Is Growing Again
Episode 46: Lucas and Luna examine the growing gap between China's yuan and its stock market. Despite the yuan holding steady at 6.77 per dollar, Chinese ADRs like Alibaba and Baidu have fallen sharply. The hosts explore why export-driven manufacturing is decoupling from consumer and tech stocks, and what the trade data — exports at $3.53 trillion annualized — reveals about a two-speed economy. Lucas draws on the latest trade balance figures and compares the performance of the FXI ETF (up 0.5% in 5 days) against individual stocks like BABA (down 6.1%). Luna questions whether foreign…
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