Currency War
China
China’s devaluation: Currency war escalates
Sudden reversal of Beijing’s previous exchange rate policy underlines seriousness of China’s economic woes
Editorial comment by chinaworker.info
On Tuesday 11 August the Chinese central bank PBOC (People’s Bank of China) jolted global markets w...
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China’s ‘Japanification’ worse than Japan’s
Socialist magazine editorial part 3 (the first and second parts of this article series were published on 5 September and 8 September 2024)
“Perhaps ...
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