Profit

Rabobank on Devaluation of Yuan

PUBLISHED ON: January 7, 2016 | Duration: 8 min, 07 sec

  
loading..
The more China devalues, they send the message that they would be exporting more, said Michael Every, head of financial markets research for Asia-Pacific at Rabobank. "Effectively, China is exporting deflation to the rest of the world which is already struggling with deflation."
ALSO WATCH
Pandemic Fallout: Bengaluru Retail Stores Suffer Losses

................................ Advertisement ................................

................................ Advertisement ................................

Listen to the latest songs, only on JioSaavn.com