China

China's Devaluation: Move To Free Markets Ahead Of Reserve Currency Inclusion Cause For Volatility

Markets are finding difficulty Wednesday morning with the Chinese currency move, but eventually snapped back when participants realized the silly concern they had regarding Chinese currency devaluation.

But what is really behind the scenes driving issues? Is the fact that free markets are taking hold in China that has markets a little volatile?

As Council of Foreign Relations President Richard Haass lamented on CNBC this morning the causation for the Chinese currency devaluation is concern for their economy, is the real causation of exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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