Blinken In China & 'Massive Downsizing' At Credit Suisse
Bloomberg Daybreak: Europe Edition
00:00
The Market's Disappointment With China's Policy Support
The equity market has retraced nearly 1%. The yuan continues to weaken. Goldman Sachs cut its growth forecast for China by 5.4% from 6%. It's essentially saying that this isn't going to be some fiscal bonanza we're going to get from China.
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