Economist and Author

Tag Archives renmimbi devaluation

What’s the end game for China?

First broadcast: Bloomberg TV, 13/08/2015 What’s the end game for China?

Yuan change may signal deeper economic crisis

By George Magnus August 14, 2015 In China China, renmimbi 0

First broadcast: HuffPostLive, 13/08/2015 Concerns over China’s 2 percent devaluation of the yuan – or renminbi – have Western banks bracing for a more serious economic crisis.

China’s renminbi move sets a risky precedent

By George Magnus August 14, 2015 In China China, renmimbi devaluation 0

First published: The Financial Times, 11/08/2015

Beijing called it a step towards financial liberalisation but that did little to mask the true nature of a decision that,