Wednesday, 12 August 2015

Stock Market Crash around the World : Blame China

Here are two things that China's government wants very badly: first, for its economy to remain on an even keel, keeping growth and employment high. Second, for its currency, the renminbi, to become a pre-eminent global currency that helps promote the country's diplomatic goals and solidify the country's centrality to the global economy.Frequently those goals are in conflict. But Tuesday, it

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