Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
China's State Capital Pivot and Global Markets
Lucas and Luna dig into the structural shift in Beijing's capital allocation strategy as of September 2026. With the trade-weighted US dollar index holding steady near 119.5 and the yuan trading at 6.70 per dollar, China is no longer just exporting goods; it is exporting financial stability through state-backed funds. The hosts examine how this new 'state capital pivot' impacts global supply chains, why tech ETFs like KWEB and MCHI are showing specific volatility patterns despite strong export numbers, and what it means for international investors trying to navigate…
The skinny
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