China’s economy is, on a downward trend, and some countries starting to feel the effects. So, how dependent is the world economy on China?
Investing in China: Why Now and How
“In the days ahead, May 9-10, leaders from the U.S. and China will gather in Washington, D.C., for a ‘strategic dialogue.'”
Brazil falls deep into recession
“Its currency is plummeting, unemployment is rising, its stock market is down 20% from a year ago and its president, Dilma Rousseff, has an 8% approval rating — the lowest since 1992 when Brazil’s president was impeached.”
After historic 1,000-point plunge, Dow dives 588 points at close
“After an unprecedented 1,000-point decline at the open on Monday, the Dow closed with a loss of nearly 600 points.”
China devalues yuan currency to three-year low
“China’s central bank has devalued the yuan to its lowest rate against the US dollar in almost three years.”
Music Track Courtesy of APM Music: “Continuity”
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