Capital flight pushes China to the brink of devaluation – Andrew Evans-Pritchard The Telegraph January 7, 2016 By alibali on January 10, 2016 in Dog Bone Blog Fears that China will enter into currency wars in order to promote its exports and send a powerful deflationary impulse through a world economy already on its knees has sent Brent crude crashing to an 11 year low of $32.20 and a parallel drama on Chinese and other equity markets.
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