The yuan’s 4.5% fall in Q3/4 2015 was the largest since 1994, and in the process it increased financing costs for Chinese companies, which are incidentally the biggest dollar borrowers in Asia. Then in January 2016 the yuan depreciated further contributing to a 31% first-quarter fall in Chinese do...
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What a year! American breaks all records
By
Dino D'Amore
29th January 2016