Capital outflows from China are forcing officials to weigh the benefits of a renminbi devaluation. Advisers to Beijing have recommended a 20% devaluation to stem the tide of outflows.
December 6, 2016 Tristan Van Iersel Financial & Economic News
Capital outflows from China are forcing officials to weigh the benefits of a renminbi devaluation. Advisers to Beijing have recommended a 20% devaluation to stem the tide of outflows.
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