Profit

Rabobank on Devaluation of Yuan

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

facebooktwitteremailkoo
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
Global Markets Decline On Banking Concerns

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

Short videosBy Firework

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

Listen to the latest songs, only on JioSaavn.com