China's Currency And The Three Options For Renminbi Policy – ValueWalk Premium
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China's Currency And The Three Options For Renminbi Policy

China's Currency And The Three Options For Renminbi Policy by Worth W. Wray featuring guest contributions from George Magnus & Chen Long Evergreen Gavekal

"The dollar may be our currency, but it’s your problem."

- US Secretary of the Treasury John Connally in 1971

Summary Of EVA's Key Points

  • China’s decision to devalue its currency—for reasons we still do not fully understand—has set a dangerous series of events in motion which are already disrupting global financial . . .

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