No Suggestion of Growth, Only L

By |2018-04-17T12:32:08-04:00April 17th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

In 1979, Chinese Premier Deng Xiaoping designated four areas as Special Economic Zones (SEZ). Three were located in Guangdong Province, the southeastern region that wraps around the city of Hong Kong. One of those, situated just on the other side of the water from the then-British controlled jurisdiction, Shenzhen would be transformed from a sleepy village of 30,000 residents to [...]