Abstract
A quick summary of the current state of global foreign exchange market is necessary to provide a context within which detailed discussion on China foreign exchange market can be correctly presented. Since the beginning of this century, the global FX market rose significantly amid the rapid expansion of international trade, which was supported by the newly inclusion of many emerging economies into the global trade system, the falling cost of transportation and rise of the internet that facilitated the information sharing across the globe. More recently, the FX market encountered headwind, especially in the area of spot trade, coinciding with the general decline of international trade. The lack of growth in the FX trading will continue as long as global economy and international trade growth do not pick up speed.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2018 Springer Nature Singapore Pte Ltd.
About this chapter
Cite this chapter
Zhang, X. (2018). Building Blocks of an Investment Portfolio. In: Capital Markets Trading and Investment Strategies in China. Springer, Singapore. https://doi.org/10.1007/978-981-10-8497-3_1
Download citation
DOI: https://doi.org/10.1007/978-981-10-8497-3_1
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-10-8496-6
Online ISBN: 978-981-10-8497-3
eBook Packages: Economics and FinanceEconomics and Finance (R0)