Following on from last weeks well received article we look once again at the implausibility of a genuine currency war between the US and China. This time we focus more on why it simply doesn't make sense from a Chinese perspective.
First things first, apologies to Dire Straits for the title. This week we would like to examine the implausibility of a genuine currency war for a number of reasons, looking into global financial systems and the way currency (NOT cash) is actually created.
Markets & Commentary
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