Analysts have warned that a potential currency war could result in a global financial crisis and recession. Photo: Felix WongAnalysts have warned that a potential currency war could result in a global financial crisis and recession. Photo: Felix Wong
Analysts have warned that a potential currency war could result in a global financial crisis and recession. Photo: Felix Wong

Is China’s ‘currency manipulator’ tag the start of a global recession, currency war?

  • China allowed the yuan to weaken below 7 to the dollar on Monday, raising fears of a financial crisis and global recession
  • The value of the yuan has been a key focus for US President Donald Trump during the trade war

Topic |   Currency war
Analysts have warned that a potential currency war could result in a global financial crisis and recession. Photo: Felix WongAnalysts have warned that a potential currency war could result in a global financial crisis and recession. Photo: Felix Wong
Analysts have warned that a potential currency war could result in a global financial crisis and recession. Photo: Felix Wong
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