shopify stats

China Investors Flow by Renminbi Devaluation

February 22, 2016 5:52 pm
Chinese says that, the China economical condition is good and transparent, but in actual condition is not the same. Many investors discussed about unpredictable August’s devaluation of the renminbi by 1.9% against the US dollar. Due to reason many wave of investors shorted the renminbi. All the time China is not face any currency crisis. In overall economic outlook annual GDP of over $10 trillion, so the growth rate 4% higher than the global average, $3 trillion in foreign-exchange reserves.
Tags:

Leave a Reply


Trackbacks