Stephen Roach: China Is Not Manipulating Their Currency

Stephen Roach: China Is Not Manipulating Their Currency

Tom Keene, Bloomberg Business, Released on 4/6/17 “On two of three counts, according to statutory law enacted in 2015, there is no manipulation.” Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm’s chief economist, is a senior fellow at Yale University’s Jackson Institute of Global Affairs and a senior lecturer at Yale’s […]

Welcome To The Currency War, Part 22: China Devaluation Watch

Welcome To The Currency War, Part 22: China Devaluation Watch

John Rubino, Dollar Collapse, Released on 3/11/16 Not so long ago, a big Chinese currency devaluation seemed both inevitable and imminent. The story went like this: China had borrowed tens of trillions of dollars in response to the Great Recession and squandered much of it on uncompetitive factories and ghost cities. The companies and governments […]