China's Currency And The Three Options For Renminbi PolicyGuest Post
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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