News Analysis China will close dozens of financial asset exchanges across the nation in an effort to combat financial risks and illegal fundraising activities imposed by the “pseudo-financial exchanges,” reported Chinese Communist Party (CCP) mouthpiece CCTV. China Closes Financial Asset Exchanges in Face of Financial Insolvency: Experts
News Analysis China will close dozens of financial asset exchanges across the nation in an effort to combat financial risks and illegal fundraising activities imposed by the “pseudo-financial exchanges,” reported Chinese Communist Party (CCP) mouthpiece CCTV. 
Commentary Last week, the Chinese currency (yuan) depreciated all of a sudden against the U.S. dollar, following a range of trading at a stable level for two months. There is, of course, a background reason for this, given that many central banks have shown