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re: Chinese put tariffs on LNG
Posted on 8/6/18 at 9:13 am to Jbird
Posted on 8/6/18 at 9:13 am to Jbird
quote:
Friday marked the eighth-straight week the Chinese yuan has lost value against the U.S. dollar. Investors have continued to pull out of China's stock market, resulting in losses that allowed Japan to overtake China as the second largest market after the United States.
There is immense pressure on China to work with the US right now. Their stock market is getting crushed at the moment and there are fears that the US and Europe will sort of go along with new trade pacts without concern for China.
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