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Weaker RMB signals market worries about the China-US relations
The RMB was heading to an exchange rate against the US dollar at around 7.2, as the tension between China and the US escalated

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Decline of China‘s Industrial Profits Keeps Slowing
For the first four months of 2020, total profits (total revenues minus total costs) of industrial enterprises decreased by 27.4% y/y

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COVID-19 Continues to Impact China’s Fiscal Revenue in April
During the first four months of 2020, China’s fiscal revenue posted negative changes

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India’s Exports and Imports Plummet to Historic Low in April
Both exports and imports have fallen to a historic low in April 2020

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Brazil’s motor vehicles production plummets in April
Motor vehicles production in Brazil declined significantly in April 2020

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China Experiences Strong Deflation Pressures in April
China’s Consumer price index (CPI) grew by 3.3% y/y, decelerating from 4.3% y/y in March