How Significant Is China's Latest Rate Cut?

Brendan Brown, chief economist at Mitsubishi UFJ Securities International, discusses China surprise rate cut late last week, its impact on the yuan and what we can expect from the fifth party plenum that begins today in Beijing. He speaks to Bloomberg's Manus Cranny on "Countdown." (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (08/17)
48:06 - Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro. Guests include Pablo Goldberg, head of emerging markets fixed income research at BlackRock, Neil Dutta, head of U.S. economics at Renaissance Macro Research, and Chad Morganlander, portfolio manager at Washington Crossing Advisors. (Source: Bloomberg)
  • Full Show: Surveillance (08/17)
  • Full Show: Bloomberg Daybreak: Americas (08/16)
  • Full Show: Surveillance (08/16)