Financial

Is China Using the Yuan to Fund a Currency War?1 min read

Comments (1)
  1. Hypnohotshot says:

    Hi. China’s devaluation is more about stimulating their economy than attacking others. Only if regarded from a short term “Zero Sum” perspective does it seem that way. If China’s economy has a hard landing, and partially implodes, this will have a negative effect on everyone else. The reduction in commodity prices due to falling Chinese requirements has already impacted the economy of Australia, (and others) for example. All the economies are so interdependent nowadays that China and the US underpin the rest of the world, for good or for ill. Best, hypnohotshot

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