China wants a slice

[PurpleGorilla]

The faltering dragon...

China devalues yuan after poor economic data

[eek]

The world is about to hit a recession by the looks of it.

And there is nothing that anyone can do to fix it given that interest rates can't be lowered further..

[DimPrawn]

We should all sell our houses to each other again. That will fix the UK economy. The rest of the World matters not one jot.

[PurpleGorilla]

We should all sell our houses to each other again. That will fix the UK economy. The rest of the World matters not one jot.

BTL will fix the world. Go boomers, yay!

[OwlHoot]

If China is exporting deflation that makes an interest rate rise in the foreseeable future even more vanishingly unlikely.

[DimPrawn]

If China is exporting deflation that makes an interest rate rise in the foreseeable future even more vanishingly unlikely.

Which means more lurverly house price inflation. BTL millionaires on every street.

[BrilloPad]

The world is about to hit a recession by the looks of it.

And there is nothing that anyone can do to fix it given that interest rates can't be lowered further..

We should devalue our currency even more. That will teach them.

[PurpleGorilla]

Which means more lurverly house price inflation. BTL millionaires on every street.

Most of them are Russian and Chinese!

[stek]

I thought China was entering a process of de-dollarisation and aligned with the Rouble, a mistake surely since that's dropped on it's arse again - 100₽ to £1........

[EternalOptimist]

When China devalued, the Rand took a big hit. We are off there next month and at this rate I will be able to afford to buy the place