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PS: CURRENCY WAR ? China’s currency in the past week and half has fallen against the dollar, as President Donald Trump ramped up trade rhetoric and threatened more tariffs and other action. That sparked speculation in the market that China could use its currency as a policy weapon, intentionally cheapening it to make its goods […]
China marks the 40th anniversary of its economic reforms and opening up on Dec. 18 — an occasion Beijing could use to emphasize its commitment to transform its economy, noted Scott Kennedy of the Center for Strategic and International Studies. “If that day or week goes by with no major new announcements, then we know […]
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