By August 17, 2015 0 Comments Read More →

RMB Devaluation: It’s Not the Economy, Stupid!

The 1.8% devaluation of the yuan has started a debate in China-watching circles about whether or not the People’s Bank of China is trying to make the RMB more market-determined, or trying to make boost its exports. Most likely, Beijing is allowing the RMB to find its feet before the IMF review in November.

Link:  

RMB Devaluation: It’s Not the Economy, Stupid!

Posted in: Scholarly Briefing

Post a Comment