In the past year, the Chinese yuan has depreciated by 15% and the PPI has decreased by 4.2%.Rent in China has decreased by 55% from its peak, , and industrial product prices have decreased by 30%. Cathie wood: China is finished. August 21, 2023 3:44 pm by Alex by china-golden She may have a point here. I don’t think China is “finished” however. See also The Strait of Hormuz May Reopen But the War Cycle Is Not FinishedSee also Dow Jones Industrial Average buys the Iran deal Trump described, not the one being negotiated-FX