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08-20-2015, 11:09 AM
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Could China Devaluing the Yuan Actually be Good Long-Term?
Could China Devaluing the Yuan Actually be Good Long-Term?
 Telling 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 […]
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