China's Yuan Devaluation

Forget Brexit, Watch China And The Renminbi

As the world’s attention has been fixed on Brexit and meltdown of the European financial system, China has been quietly devaluing its currency without causing too much turbulence in the financial markets as it did the last time policymakers attempted such a strategy.

Crispin Odey: China Has Four Massive Bubbles
On Wednesday the yuan fell to a fresh five-and-a-half-year low against the dollar extending its slide to a fifth . . .


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