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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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
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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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
The mainland index climbed to 329 points in April from 219 in March
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The Economic Policy Uncertainty Indices for China Climbed in April

The mainland index climbed to 329 points in April from 219 in March
Brazil’s Entrepreneur Confidence Indicator stood at 34.7 points in May
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Brazil’s Entrepreneur Confidence remains at the lowest levels since 2009

Brazil’s Entrepreneur Confidence Indicator stood at 34.7 points in May
During the first four months of 2020, China’s fiscal revenue posted negative changes
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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
Both exports and imports have fallen to a historic low in April 2020
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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
Motor vehicles production in Brazil declined significantly 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
The CEIC Leading Indicator data in April suggests that in the next couple of months some of the major economies will be entering into a contraction even more severe than that in the first quarter of 2020
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CEIC Leading Indicator: April 2020

The CEIC Leading Indicator data in April suggests that in the next couple of months some of the major economies will be entering into a contraction even more severe than that in the first quarter of 2020