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Throwing cold water on hot money

The Chinese economy has become very attractive to speculative hot money. But by allowing the yuan to rise strongly, the authorities cause doubts whether the challenge is handled in a proper and coordinated manner.

Wall Street snaps four-week winning streak amid concerns about Fed´s stimulus tapering

U.S. stocks were traded almost flat Friday to end the week lower, snapping a four-week gaining streak amid worries that the Federal Reserve may reduce its stimulus program in advance.

Li slams EU´s trade measures against Chinese products

Visiting Chinese Premier Li Keqiang on Friday criticized the European Union´s trade measures against China-made mobile telecommunications equipment and solar panels.

China manufacturing shrinks in May

In China, market watchers are digesting the first contraction in factory activity since October.