Beijing [China], August 22 (ANI): As China’s currency continues to weaken, Chinese stocks hit nine-month lows and the yuan fell on Monday as the authorities’ efforts to revive demand failed to inspire investors, reported Channel News Asia.
These investors are now showing less confidence in Beijing’s ability to restore momentum in the economy.
Moreover, a smaller-than-expected-cut in a key lending benchmark disappointed ma
China’s stocks hit nine-month lows as Chinese yuan weakens
