While it is no secret that bondholders like loan sharks will extract what they can…
China’s RenMinBi Strategy C.P. Chandrasekhar and Jayati Ghosh
The sudden depreciation of Chinese currency, that has impacted global markets, may be an attempt to revive export growth and provide stimulus to growth to the flagging economy.
china_renminbi_strategy (Download the full text in PDF format)
(This article was originally published in the Business Line on 17 August 2015.)