Could China Devaluing the Yuan Actually be Good Long-Term?
 

Could China Devaluing the Yuan Actually be Good Long-Term?
http://img-s-msn-com.akamaized.net/t...6&q=60&o=f&l=fTelling US exporters that their goods are going to be even less competitive is **t likely going to sound like good news. Neither is deflation. And China’s recent surprise devaluation move of the yuan (Renminbi/RmB) hurt financial markets because it will make US goods more expensive on an export basis and it effectively allows China […]