According to the South China Morning Post, foreign purchases of Chinese bonds doubled in May and Chinese banks have also reported a 61% rise in forex trading in the month as firms and individuals convert dollars into yuan. Let’s talk about it as well as some tips and things to be aware of for English teachers abroad.

BTEO Note: In 2011, the CME announced the end of pork bellies trading on its exchange. Extreme volatility coupled with dwindling trader interest made the product no longer relevant to financial markets.

Read more at: https://commodity.com/soft-agricultural/pork-belly/

Links discussed: https://www.imf.org/external/pubs/ft/wp/2012/wp12157.pdf

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