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Posts from August 15, 2015
What Does the Devalued Yuan Mean for the U.S.?
A look at China’s unexpected move & its potential impact. Provided by Marc Aarons @ Money Managers Inc. China has surprised global investors by weakening the yuan almost 5%. Its central bank may even weaken it further.1,5 Why did the PRC make this move? Its long-booming economy is in a slump. Most notably, Chinese exports […]
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