Yuan 'Heavily Managed,' Became More Market-Based, Aberdeen Says

The video discusses China's shift towards a more market-based currency management, influenced by economic policies and trade dynamics with the US. It highlights the economic weakening in China, driven by structural and cyclical factors, including high household debt and stress in the private sector. Despite these challenges, the property sector shows signs of recovery, boosting iron ore demand.

In what ways are corporate balance sheets affected by the current economic conditions?

What is the significance of the property sector investment mentioned in the text?