The Telegraph: China denies currency war as global steel industry cries foul
Industries across the world are bracing for a deflationary shock as China devalues, but Beijing adamant there is no secret plan to drive down the
Industries across the world are bracing for a deflationary shock as China devalues, but Beijing adamant there is no secret plan to drive down the
On Tuesday, China announced the largest one-day devaluation of its currency in more than two decades. Make no mistake—although authorities claimed this policy was a
Did you ever think you’d see congressional Republicans repeal a federal law in subservience to a foreign organization? [Reposted from Forbes | John Brinkley |
Even if the Georgetown steel mill had survived to this point, China’s surprising decision Tuesday to devalue its currency likely would have been the 46-year-old
China had been setting a too-low exchange rate for their currency, thereby exporting unemployment. Then early this week their bank made a move and the
Ohio Senator Sherrod Brown has put a “hold” on the nomination of Marisa Lago to be deputy U.S. trade representative. Brown says that his trade
China’s decision to devalue its currency last week means that it has chosen to export its unemployment problem, rather than take the hard steps needed