The barrage of easing measures this week was meant to bolster the economy and shore up confidence in domestic markets. However, it has been anything but that. In trading yesterday, the Chinese yuan had weakened to its lowest level since November against the dollar before bids came through. And that is before the sudden wave of strength today:Needless to say, we all know who's the one in the market or at least pulling the strings in getting domestic banks to do so.It seems like they are drawing a line closer to the 7.28 mark, as evident by the previous pushback earlier this month.Still, I would argue this doesn't change the long-term directive of markets in their view towards China at the mom
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