Roberto Abraham Scaruffi

Tuesday 11 August 2015

The Chinese Growth Engine is Sputtering

China shocked global markets today by announcing the largest devaluation of the yuan since 1994.

This was clearly in response to the country's exports declining 8.3% in July, but it turns out that the country's economic problems are much more deeply entrenched: demographics and debt will both limit potential growth in the future.

View the Chinese Growth Engine is Sputtering
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