The week in renminbi: Fitch says shadow banking shrinking in China, US delays Chinese tariff decision, CDB approves $50bn loans to Africa


Fitch Ratings says China has made progress in downsizing the country’s shadow banking sector, the US Department of Commerce delays its decision over imposing tariffs on Chinese goods, and China Development Bank (CDB) loans to Africa total more than $50bn in the first half of this year.