China is stockpiling cash instead of pumping it back into their economy and that’s pushing a decades-high dollar even further


Source: leportale.com leportale.com

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China 's currency fell sharply this week. Future Publishing/Getty Images Chinese investors are parking excess liquidity in safe areas of the financial system, Bloomberg reported. Instead of letting the yuan flow into the real economy , the money ends up in bank bonds and corporate bonds . Chinese funds are also heading towards the US dollar , helped by higher interest rates. According to Bloomberg , Chinese investors are parking excess liquidity in safe bets within the financial system, including the US dollar , rather than channeling it into the real economy . ADVERTISEMENT According to the report, the country's...