How China’s ‘Perfect Storm’ and Economic Headwinds Are Affecting Markets and Investors
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Is It Ok to Let the Currency Depreciate?
Siny depreciated from as a dollar, depreciating from six 30 to almost six 60. So quite a big move by chinese standard o. What is really going on? I think the central bank is a bit conflicted. They decided not to cut interustry, but at the same time, ther seems to be ok to let currency weaken a bit.
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