| 23.08.2016 - The state of the Chinese currency proves money cannot be controlled |
| Just over a year ago a 3 per cent devaluation of the Chinese yuan against the dollar triggered panic in global markets amid fears about a faltering Chinese economy and an escalating currency war. A similar episode occurred early this year. Yet since April the yuan has fallen by about 3 per cent with barely a murmur, begging the question whether panic has been replaced by complacency. Some things have certainly changed...............................................Full Article: Source |