China reveals trade war strain as yuan slides and manufacturing stalls

-

Strain begins to show amid a wider slowdown in the world’s second biggest economy

The Chinese economy has revealed fresh signs of the pressure of a trade war with the US and a wider slowdown at home as manufacturing activity fell and the yuan was fixed at a new 10-year low to the dollar.

Related: No-deal Brexit would trigger lengthy UK recession, warns S&P

Continue reading...

from The Guardian https://ift.tt/2RpxIhv

Comments

Post a Comment

Popular posts from this blog

‘Help us or LSO fails’: Sir Simon Rattle’s plea over Covid and Brexit

-
As the orchestra prepares to welcome back live audiences, the conductor urges ministers to act on new touring rules in Europe Sir Simon Rattle and his top team at the London Symphony Orchestra have appealed for government support to help them survive the difficulties created by Brexit and Covid. The orchestra depended on international touring – much of it in Europe – for 40% of its revenue before the coronavirus, with tours cancelled by the pandemic . Continue reading... from The Guardian https://ift.tt/3tQnObB
Read more

Schools U-turn and rising Covid cases crush hopes of new year easing

-
London’s Nightingale hospital expected to take patients as NHS struggles with number of severely ill people Coronavirus – latest updates See all our coronavirus coverage Government hopes for a new year easing of the Covid pandemic are unravelling, with ministers forced into a U-turn on reopening primary schools and hospitals across the country struggling with rising numbers of severely ill patients. As the crisis escalates, the Nightingale hospital built in London’s ExCeL centre is expected to take Covid patients next week, for the first time since the spring . Continue reading... from The Guardian https://ift.tt/38L5Lec
Read more

'No pasarán': Clapton CFC's anti-fascist football kit proves a hit in Spain

-
London non-league club’s shirt salutes International Brigades who fought in Spanish civil war A London non-league football club’s away kit has become a surprise hit in Spain, because of the anti-fascist message embroidered into it. Clapton Community FC has taken more than 5,400 pre-orders for its shirts, after pictures of the kit gained media attention on the continent. The red, purple and yellow shirt was worn for the first time last Saturday, and the colour scheme is inspired by the International Brigades who fought in the Spanish civil war. The back of the shirt features the slogan “no pasarán” , meaning “they shall not pass”, which was used by anti-fascist fighters in the 1930s. It also features the three-pointed star of the International Brigades, and was released to commemorate the 80th anniversary of the end of the conflict. Continue reading... from The Guardian https://ift.tt/2C4Cazs
Read more