Strategies: Currency Devaluation Is a Short Step in China’s Long Advance

A modest devaluation of the renminbi, part of China’s decades-long transformation into a modern economy, may help the country stave off domestic pressures.


via NYT > Your Money http://ift.tt/1PHgQw3

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s