<p>Lawrence J. Lau says Beijing has the tools to avoid further abrupt and significant currency devaluations, since any effect on exports would most likely be outweighed by a loss of confidence both nationally and internationally in China’s future</p>
Why China will avoid a big, destabilising yuan devaluation
Lawrence J. Lau says Beijing has the tools to avoid further abrupt and significant currency devaluations, since any effect on exports would most likely be outweighed by a loss of confidence both nationally and internationally in China’s future
Topic |
Yuan
<p>Lawrence J. Lau says Beijing has the tools to avoid further abrupt and significant currency devaluations, since any effect on exports would most likely be outweighed by a loss of confidence both nationally and internationally in China’s future</p>